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

GCP Asset Backed Income (LON:GABIGet Free Report) issued its quarterly 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 Trading Down 0.4%

Shares of GABI opened at GBX 60 on Tuesday. The stock has a market capitalization of £63.81 million, a P/E ratio of -150.00 and a beta of 0.29. The firm’s fifty day simple moving average is GBX 62.11 and its two-hundred day simple moving average is GBX 63.10. GCP Asset Backed Income has a 12 month low of GBX 59 and a 12 month high of GBX 76.52.

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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