Ezcorp Inc. (EZPW) Reaches New 52-Week High at $10.21
Ezcorp Inc. (NASDAQ:EZPW)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $10.21 and last traded at $9.97, with a volume of 518,905 shares changing hands. The stock had previously closed at $9.30.
Several equities analysts have recently issued reports on the company. Jefferies Group reiterated a “hold” rating and issued a $9.00 price target on shares of Ezcorp in a research note on Thursday, August 4th. Zacks Investment Research lowered Ezcorp from a “buy” rating to a “hold” rating in a research note on Tuesday, July 12th. CL King upgraded Ezcorp from a “neutral” rating to a “buy” rating in a research note on Wednesday. Finally, Wells Fargo & Co. upgraded Ezcorp from a “market perform” rating to an “outperform” rating in a research note on Thursday, July 7th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $9.50.
The firm’s 50 day moving average is $8.96 and its 200-day moving average is $5.61. The stock’s market cap is $539.27 million.
Ezcorp (NASDAQ:EZPW) last posted its quarterly earnings data on Tuesday, August 9th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.06. On average, analysts forecast that Ezcorp Inc. will post ($0.98) earnings per share for the current year.
An institutional investor recently raised its position in Ezcorp stock. Connor Clark & Lunn Investment Management Ltd. boosted its stake in shares of Ezcorp Inc. (NASDAQ:EZPW) by 36.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 263,700 shares of the company’s stock after buying an additional 70,375 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.48% of Ezcorp worth $1,316,000 as of its most recent SEC filing.
EZCORP, Inc provides pawn loans in the United States and Mexico, and consumer loans in Mexico. The Company operates through four segments: U.S. Pawn, which includes its EZPAWN, value pawn and jewelry, and other branded pawn operations in the United States; Mexico Pawn, which includes its Empeno Facil pawn operations and cash converters buy/sell store operations in Mexico; Grupo Finmart, which includes its Crediamigo and Adex payroll withholding loan operations in Mexico, and Other International, which includes its CASHMAX financial services operations in Canada and its equity interest in Cash Converters International.
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