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 Company Profile

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.

Read More: What is the NASDAQ Stock Market?

Get a free copy of the Zacks research report on Arrow Global Group (ARWGF)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Arrow Global Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arrow Global Group and related companies with MarketBeat.com's FREE daily email newsletter.