P2P Global Investments (P2P) Reaches New 52-Week High at $844.00
P2P Global Investments PLC (LON:P2P) reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 844 ($11.03) and last traded at GBX 834 ($10.90), with a volume of 37291 shares trading hands. The stock had previously closed at GBX 833 ($10.88).
Separately, Liberum Capital boosted their price target on P2P Global Investments from GBX 905 ($11.83) to GBX 920 ($12.02) and gave the company a “buy” rating in a research note on Thursday, January 24th.
The company also recently declared a dividend, which will be paid on Wednesday, March 27th. Shareholders of record on Thursday, February 14th will be paid a dividend of GBX 12 ($0.16) per share. The ex-dividend date of this dividend is Thursday, February 14th. This represents a dividend yield of 1.43%.
P2P Global Investments PLC is a closed ended mutual fund launched and managed by Marshall Wace LLP. It is Co-managed by MW Eaglewood Europe LLP. The fund invests in fixed income markets. It primarily invests in consumer loans, SME loans, advances against corporate trade receivables and/or purchases of corporate trade receivables.
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