Nicholas Financial (NASDAQ:NICK) Shares Cross Above Two Hundred Day Moving Average of $6.48

Nicholas Financial, Inc. (NASDAQ:NICK)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.48 and traded as high as $6.75. Nicholas Financial shares last traded at $6.51, with a volume of 545 shares changing hands.

Nicholas Financial Stock Performance

The stock has a 50 day moving average of $6.82 and a 200-day moving average of $6.48. The firm has a market capitalization of $82.68 million, a P/E ratio of -1.30 and a beta of 0.88.

Nicholas Financial (NASDAQ:NICK) last announced its quarterly earnings data on Tuesday, February 13th. The credit services provider reported ($1.60) earnings per share (EPS) for the quarter. Nicholas Financial had a negative net margin of 134.48% and a negative return on equity of 50.06%. The firm had revenue of $4.95 million during the quarter.

Institutional Investors Weigh In On Nicholas Financial

An institutional investor recently raised its position in Nicholas Financial stock. TCW Group Inc. grew its stake in shares of Nicholas Financial, Inc. (NASDAQ:NICK) by 0.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 616,230 shares of the credit services provider’s stock after buying an additional 2,262 shares during the period. TCW Group Inc. owned 4.85% of Nicholas Financial worth $4,209,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 39.87% of the company’s stock.

Nicholas Financial Company Profile

Nicholas Financial, Inc operates as a consumer finance company in the United States. The company engages in acquiring and servicing automobile finance installment contracts for the purchase of new and used automobiles and light trucks. It also originates direct consumer loans and sells consumer-finance related products.