Non-Standard Finance (LON:NSF) Earns “Reduce” Rating from Peel Hunt

Non-Standard Finance (LON:NSF)‘s stock had its “reduce” rating restated by equities researchers at Peel Hunt in a note issued to investors on Monday, August 19th, ThisIsMoney.Co.Uk reports.

Several other brokerages have also recently issued reports on NSF. Shore Capital reaffirmed a “house stock” rating on shares of Non-Standard Finance in a research report on Wednesday, June 12th. Liberum Capital decreased their price objective on Non-Standard Finance from GBX 82 ($1.07) to GBX 69 ($0.90) and set a “buy” rating for the company in a research note on Tuesday, June 25th. Finally, Peel Hunt decreased their price objective on Non-Standard Finance from GBX 50 ($0.65) to GBX 40 ($0.52) and set a “reduce” rating for the company in a report on Thursday, June 20th. Two investment analysts have rated the stock with a sell rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 59.50 ($0.78).

Shares of LON NSF traded down GBX 0.90 ($0.01) during midday trading on Monday, hitting GBX 43.80 ($0.57). The company’s stock had a trading volume of 50,253 shares, compared to its average volume of 127,395. The company has a current ratio of 11.44, a quick ratio of 11.44 and a debt-to-equity ratio of 169.34. The business’s 50 day moving average is GBX 36.28 and its two-hundred day moving average is GBX 46.03. The firm has a market cap of $136.68 million and a P/E ratio of -6.00. Non-Standard Finance has a 12-month low of GBX 32.10 ($0.42) and a 12-month high of GBX 70 ($0.91).

In other Non-Standard Finance news, insider Miles Cresswell-Turner bought 48,000 shares of the company’s stock in a transaction on Thursday, June 27th. The stock was purchased at an average cost of GBX 36 ($0.47) per share, for a total transaction of £17,280 ($22,579.38). Also, insider Charles Henry Gregson acquired 24,000 shares of the business’s stock in a transaction that occurred on Monday, July 15th. The shares were bought at an average price of GBX 35 ($0.46) per share, with a total value of £8,400 ($10,976.09). Insiders acquired 112,000 shares of company stock worth $3,888,000 in the last ninety days.

About Non-Standard Finance

Non-Standard Finance plc engages in the unsecured credit business in the United Kingdom. It provides home credit loans; branch-based unsecured consumer loans; and guarantor loans. Non-Standard Finance plc was founded in 2014 and is based in Morley, the United Kingdom.

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