EZCORP (NASDAQ:EZPW) Reaches New 52-Week High at $11.40

Shares of EZCORP, Inc. (NASDAQ:EZPWGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $11.40 and last traded at $11.24, with a volume of 52092 shares trading hands. The stock had previously closed at $11.33.

Analyst Upgrades and Downgrades

EZPW has been the topic of several recent analyst reports. TheStreet raised EZCORP from a “c+” rating to a “b-” rating in a research note on Thursday, February 15th. StockNews.com downgraded EZCORP from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 29th.

Check Out Our Latest Stock Report on EZCORP

EZCORP Trading Down 1.8 %

The company has a 50-day simple moving average of $10.34 and a 200-day simple moving average of $9.07. The company has a debt-to-equity ratio of 0.42, a quick ratio of 3.08 and a current ratio of 4.00. The stock has a market cap of $601.69 million, a P/E ratio of 17.32 and a beta of 1.15.

EZCORP (NASDAQ:EZPWGet Free Report) last released its earnings results on Wednesday, January 31st. The credit services provider reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.07. The company had revenue of $299.99 million during the quarter, compared to the consensus estimate of $303.66 million. EZCORP had a return on equity of 10.37% and a net margin of 4.62%. On average, sell-side analysts forecast that EZCORP, Inc. will post 1.05 EPS for the current fiscal year.

Insider Transactions at EZCORP

In other news, CRO Nicole Swies sold 2,250 shares of the business’s stock in a transaction on Monday, April 1st. The stock was sold at an average price of $11.38, for a total transaction of $25,605.00. Following the completion of the sale, the executive now owns 71,458 shares in the company, valued at $813,192.04. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 2.13% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On EZCORP

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jacobs Levy Equity Management Inc. increased its holdings in EZCORP by 25.6% in the third quarter. Jacobs Levy Equity Management Inc. now owns 710,295 shares of the credit services provider’s stock valued at $5,860,000 after purchasing an additional 144,641 shares during the last quarter. Hsbc Holdings PLC grew its stake in EZCORP by 149.0% in the third quarter. Hsbc Holdings PLC now owns 56,325 shares of the credit services provider’s stock valued at $462,000 after acquiring an additional 33,701 shares during the period. Barclays PLC grew its stake in EZCORP by 40.7% in the third quarter. Barclays PLC now owns 100,413 shares of the credit services provider’s stock valued at $829,000 after acquiring an additional 29,050 shares during the period. Assenagon Asset Management S.A. grew its stake in EZCORP by 28.0% in the third quarter. Assenagon Asset Management S.A. now owns 664,019 shares of the credit services provider’s stock valued at $5,478,000 after acquiring an additional 145,068 shares during the period. Finally, DekaBank Deutsche Girozentrale acquired a new position in EZCORP in the third quarter valued at about $90,000. Institutional investors own 99.83% of the company’s stock.

EZCORP Company Profile

(Get Free Report)

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.

Further Reading

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