International Personal Finance (LON:IPF) Stock Price Crosses Above 200 Day Moving Average - Here's What Happened

Key Points

• International Personal Finance's stock price has surpassed its 200-day moving average, trading as high as GBX 211 ($2.86) before closing at GBX 208 ($2.82).
• Shore Capital has reaffirmed a buy rating on the shares, indicating positive sentiment towards the company's future performance.
• The company's recent quarterly earnings report showed an earnings per share (EPS) of GBX 14.20 ($0.19) and a net margin of 6.45%.

International Personal Finance plc (LON:IPF - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 154.68 ($2.08) and traded as high as GBX 211 ($2.83). International Personal Finance shares last traded at GBX 208 ($2.79), with a volume of 1,392,371 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital restated a "buy" rating on shares of International Personal Finance in a research report on Wednesday, July 30th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, International Personal Finance presently has an average rating of "Buy".

International Personal Finance Stock Down 0.5%

The stock has a 50 day moving average price of GBX 184.55 and a 200 day moving average price of GBX 156.92. The stock has a market capitalization of £452.03 million, a price-to-earnings ratio of 10.08, a price-to-earnings-growth ratio of 0.32 and a beta of 1.33. The company has a quick ratio of 3.69, a current ratio of 3.58 and a debt-to-equity ratio of 117.92.

International Personal Finance (LON:IPF - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The company reported GBX 14.20 EPS for the quarter. International Personal Finance had a return on equity of 9.98% and a net margin of 6.45%. As a group, analysts forecast that International Personal Finance plc will post 22.0982143 EPS for the current year.

International Personal Finance Company Profile

International Personal Finance plc is helping to build a better world through financial inclusion by providing affordable credit products and insurance services to underserved consumers across nine markets. Our 1.7 million customers, who have low to medium incomes and a limited credit history, turn to us to fulfil their plans when it really matters.