Shares of goeasy Ltd. (TSE:GSY - Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$151.71 and traded as low as C$149.50. goeasy shares last traded at C$150.24, with a volume of 42,565 shares traded.
Analysts Set New Price Targets
Several brokerages have recently commented on GSY. BMO Capital Markets raised shares of goeasy from a "market perform" rating to an "outperform" rating and reduced their price target for the stock from C$207.00 to C$200.00 in a research report on Friday, March 14th. Jefferies Financial Group dropped their price objective on shares of goeasy from C$222.00 to C$182.00 in a research note on Monday, April 21st. TD Securities dropped their price objective on shares of goeasy from C$199.00 to C$192.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Cormark dropped their price objective on shares of goeasy from C$240.00 to C$210.00 in a research note on Thursday, April 24th. Finally, Scotiabank dropped their price objective on shares of goeasy from C$240.00 to C$215.00 and set a "sector perform" rating on the stock in a research note on Thursday, April 24th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, goeasy presently has an average rating of "Moderate Buy" and an average target price of C$211.13.
View Our Latest Analysis on GSY
goeasy Stock Down 0.4%
The firm's 50 day simple moving average is C$151.63 and its 200 day simple moving average is C$162.05. The company has a market cap of C$2.51 billion, a price-to-earnings ratio of 9.10, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63.
goeasy Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, April 11th were paid a $1.46 dividend. This is a positive change from goeasy's previous quarterly dividend of $1.17. The ex-dividend date of this dividend was Friday, March 28th. This represents a $5.84 dividend on an annualized basis and a yield of 3.90%. goeasy's dividend payout ratio (DPR) is currently 28.45%.
About goeasy
(
Get Free Report)
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 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.
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