Vanquis Banking Group (LON:VANQ) Shares Up 1.6% – Still a Buy?

Vanquis Banking Group plc (LON:VANQ) shot up 1.6% during trading on Wednesday . The stock traded as high as GBX 58.60 ($0.73) and last traded at GBX 58 ($0.72). 796,227 shares changed hands during trading, a decline of 1% from the average session volume of 803,281 shares. The stock had previously closed at GBX 57.10 ($0.71).

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Vanquis Banking Group in a research note on Thursday, November 7th.

Vanquis Banking Group Stock Performance

The business has a 50-day simple moving average of GBX 48.35 and a 200 day simple moving average of GBX 51.19. The firm has a market cap of £156.71 million, a P/E ratio of -611.00 and a beta of 1.45.

Vanquis Banking Group Company Profile