Blackstone Loan Financing (LON:BGLF) Stock Crosses Above Fifty Day Moving Average of $0.59

Blackstone Loan Financing Limited (LON:BGLFGet Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 0.59 ($0.01) and traded as high as GBX 0.63 ($0.01). Blackstone Loan Financing shares last traded at GBX 0.62 ($0.01), with a volume of 10,607,090 shares changing hands.

Blackstone Loan Financing Stock Down 0.8 %

The company has a 50-day moving average price of GBX 0.59 and a 200 day moving average price of GBX 0.58. The firm has a market capitalization of £2.72 million, a PE ratio of 4.73 and a beta of 0.72. The company has a debt-to-equity ratio of 0.67, a current ratio of 528.21 and a quick ratio of 439.38.

Blackstone Loan Financing Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 2nd will be given a €0.02 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, May 2nd. This represents a dividend yield of 3.81%. Blackstone Loan Financing’s payout ratio is 6,923.08%.

Blackstone Loan Financing Company Profile

(Get Free Report)

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.

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