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

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

GCP Asset Backed Income Stock Performance

Shares of GABI stock opened at GBX 60 on Tuesday. The stock’s 50 day simple moving average is GBX 62.11 and its 200 day simple moving average is GBX 63.10. GCP Asset Backed Income has a twelve month low of GBX 59 and a twelve month high of GBX 76.52. The company has a market capitalization of £63.81 million, a price-to-earnings ratio of -150.00 and a beta of 0.29.

GCP Asset Backed Income Company Profile

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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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