Arrow Global Group (ARWGF) Upgraded to “Hold” by Zacks Investment Research
Arrow Global Group (OTCMKTS:ARWGF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued on Monday.
According to Zacks, “Arrow Global Group PLC offers debt purchase and management solutions. The company purchases customer accounts from businesses which include retail banks, credit card and telecommunications companies. The company operates primarily in UK, Portugal, Netherlands, Belgium and France. Arrow Global Group PLC is based in Manchester, United Kingdom. “
ARWGF traded down $1.17 on Monday, reaching $3.33. The company had a trading volume of 1,000 shares. Arrow Global Group has a one year low of $4.50 and a one year high of $4.50.
Arrow Global Group PLC, together with its subsidiaries, identifies, acquires, and manages secured and unsecured defaulted loan portfolios consisting of consumer and SME accounts from financial institutions, such as banks and credit card companies in the United Kingdom and mainland Europe. The company also engages in the debt purchase and asset management business.
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