International Personal Finance (LON:IPF) Stock Price Passes Above 200 Day Moving Average - Here's Why

Key Points

• Shares of International Personal Finance (LON:IPF) crossed above their two hundred day moving average, trading at GBX 210.40 ($2.83).
• The company recorded an earnings per share (EPS) of GBX 14.20 ($0.19) for the last quarter, with expectations to reach approximately 22.10 EPS for the current year.
• Shore Capital reaffirmed a "buy" rating for the company's shares on July 30th, signaling continued confidence in its stock performance.

Shares of International Personal Finance plc (LON:IPF - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 151.26 ($2.03) and traded as high as GBX 211.50 ($2.84). International Personal Finance shares last traded at GBX 210.40 ($2.83), with a volume of 787,413 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a "buy" rating on shares of International Personal Finance in a report on Wednesday, July 30th.

International Personal Finance Trading Down 0.3%

The company has a current ratio of 3.58, a quick ratio of 3.69 and a debt-to-equity ratio of 117.92. The firm has a fifty day simple moving average of GBX 176.88 and a two-hundred day simple moving average of GBX 152.75. The firm has a market cap of £457.03 million, a PE ratio of 10.19, a PEG ratio of 0.32 and a beta of 1.33.

International Personal Finance (LON:IPF - Get Free Report) last released its quarterly earnings data on Wednesday, July 30th. The company reported GBX 14.20 ($0.19) earnings per share for the quarter. International Personal Finance had a return on equity of 9.98% and a net margin of 6.45%. Equities analysts forecast that International Personal Finance plc will post 22.0982143 EPS for the current year.

About International Personal Finance

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.