GCP Asset Backed Income (LON:GABI) Issues Quarterly Earnings Results

GCP Asset Backed Income (LON:GABIGet Free Report) issued its earnings results on Tuesday. The company reported GBX (1.30) earnings per share (EPS) for the quarter, Digital Look Earnings reports. GCP Asset Backed Income had a negative return on equity of 0.57% and a negative net margin of 132.45%.

GCP Asset Backed Income Price Performance

Shares of GABI stock opened at GBX 60 on Tuesday. The stock has a market cap of £63.81 million, a PE ratio of -150.00 and a beta of 0.29. The stock has a 50-day moving average of GBX 62.11 and a 200-day moving average of GBX 63.10. GCP Asset Backed Income has a one year low of GBX 59 and a one year high of GBX 76.52.

About GCP Asset Backed Income

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GCP Asset Backed Income Fund Limited (GCP Asset Backed) is a Jersey-incorporated, closed-ended investment company whose shares are traded on the main market of the London Stock Exchange.

Its objective is to provide shareholders with regular, growing distributions and modest capital appreciation over the long term through investment in a diversified portfolio of loans secured against assets across a range of sectors predominantly in the UK.

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