Meta Financial Group Inc. (CASH) Hits New 12-Month High at $56.53
Shares of Meta Financial Group Inc. (NASDAQ:CASH) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $56.53 and last traded at $56.40, with a volume of 46,604 shares changing hands. The stock had previously closed at $54.81.
Separately, Zacks Investment Research downgraded Meta Financial Group from a “hold” rating to a “sell” rating in a research report on Thursday, April 21st.
The firm has a market capitalization of $479.56 million and a price-to-earnings ratio of 14.43. The company has a 50-day moving average price of $52.52 and a 200-day moving average price of $46.95.
Meta Financial Group (NASDAQ:CASH) last issued its quarterly earnings results on Monday, July 25th. The company reported $1.04 EPS for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.18. On average, equities analysts forecast that Meta Financial Group Inc. will post $3.99 EPS for the current fiscal year.
In other Meta Financial Group news, EVP Troy Moore III sold 5,000 shares of the company’s stock in a transaction on Tuesday, May 24th. The shares were sold at an average price of $49.87, for a total transaction of $249,350.00. Following the sale, the executive vice president now owns 15,889 shares of the company’s stock, valued at $792,384.43. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Meta Financial Group, Inc is a unitary savings and loan holding company. The Company operates through its banking subsidiary, MetaBank. MetaBank is both a community-oriented financial institution offering a range of financial services to meet the needs of the communities it serves and a payments company providing services on a nationwide basis.
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