International Personal Finance (LON:IPF) Trading Up 20% - Should You Buy?

Key Points

• International Personal Finance (IPF)'s stock price surged by 20%, reaching GBX 215 ($2.87) due to significant trading activity, with a volume increase of 662% compared to the average.
• Shore Capital has maintained a "buy" rating on IPF shares, suggesting confidence in the company's future performance.
• The company has reported a net margin of 6.45% and a return on equity of 9.98%, indicating stable financial health amidst its growth.

International Personal Finance plc (LON:IPF - Get Free Report)'s stock price rose 20% during mid-day trading on Wednesday . The stock traded as high as GBX 215 ($2.84) and last traded at GBX 215 ($2.84). Approximately 3,820,783 shares were traded during trading, an increase of 662% from the average daily volume of 501,498 shares. The stock had previously closed at GBX 179.20 ($2.37).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a "buy" rating on shares of International Personal Finance in a report on Wednesday.

International Personal Finance Stock Performance

The firm has a 50 day simple moving average of GBX 169.36 and a 200-day simple moving average of GBX 148.41. The company has a debt-to-equity ratio of 117.92, a current ratio of 3.58 and a quick ratio of 3.69. The company has a market cap of £460.73 million, a price-to-earnings ratio of 10.27, 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 results on Wednesday, July 30th. The company reported GBX 14.20 ($0.19) 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 predict that International Personal Finance plc will post 22.0982143 EPS for the current fiscal 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.