Blackstone Loan Financing (LON:BGLF) Stock Price Passes Below 50 Day Moving Average of $0.68

Blackstone Loan Financing Limited (LON:BGLF) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 0.68 ($0.01) and traded as low as GBX 0.68 ($0.01). Blackstone Loan Financing shares last traded at GBX 0.69 ($0.01), with a volume of 566,306 shares traded.

Blackstone Loan Financing Stock Up 2.9 %

The company has a market capitalization of £3.10 million, a PE ratio of 5.31 and a beta of 0.72. The firm’s 50-day simple moving average is GBX 0.68 and its 200 day simple moving average is GBX 0.63. The company has a debt-to-equity ratio of 0.67, a quick ratio of 439.38 and a current ratio of 528.21.

Blackstone Loan Financing Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Thursday, August 1st were given a dividend of €0.02 ($0.02) per share. The ex-dividend date of this dividend was Thursday, August 1st. This represents a dividend yield of 3.36%. Blackstone Loan Financing’s payout ratio is currently 6,923.08%.

Blackstone Loan Financing Company Profile

Blackstone/GSO Loan Financing Ltd is an internally managed investment fund. it invests in floating rate senior secured loans directly and indirectly through CLO Securities. Blackstone/GSO Loan Financing Ltd was founded in 2014 and is domiciled in Jersey, Channel Islands.