goeasy (TSE:GSY) Stock Passes Above 50-Day Moving Average of $113.94

goeasy Ltd. (TSE:GSY)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$113.94 and traded as high as C$127.93. goeasy shares last traded at C$126.40, with a volume of 23,095 shares changing hands.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the stock. BMO Capital Markets raised their target price on shares of goeasy from C$167.00 to C$177.00 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. Raymond James lifted their price objective on goeasy from C$151.00 to C$166.00 in a research report on Thursday, November 9th. CIBC increased their target price on goeasy from C$150.00 to C$160.00 and gave the stock an “outperform” rating in a research report on Thursday, November 9th. Scotiabank decreased their price target on goeasy from C$150.00 to C$145.00 and set a “sector perform” rating on the stock in a research note on Monday, October 30th. Finally, National Bankshares upped their price objective on shares of goeasy from C$175.00 to C$185.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, goeasy presently has a consensus rating of “Moderate Buy” and an average price target of C$162.88.

goeasy Stock Down 0.1 %

The stock has a fifty day moving average price of C$113.94 and a 200-day moving average price of C$115.37. The firm has a market cap of C$2.09 billion, a PE ratio of 10.67, a PEG ratio of 0.84 and a beta of 2.00. The company has a debt-to-equity ratio of 271.60, a quick ratio of 28.46 and a current ratio of 27.32.

goeasy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be paid a dividend of $0.96 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $3.84 annualized dividend and a yield of 3.04%. goeasy’s dividend payout ratio is currently 32.41%.

goeasy Company Profile

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and real estate secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.