International Personal Finance (LON:IPF) Stock Price Up 20% - Here's What Happened

Key Points

• International Personal Finance's share price has surged by 20%, trading at GBX 215 ($2.85) during mid-day trading with a significant increase in volume.
• Analysts at Shore Capital have reiterated a "buy" rating for International Personal Finance in their latest research note.
• The company reported earnings of GBX 14.20 ($0.19) per share for the last quarter, and analysts project an EPS of 22.1 for the current fiscal year.

International Personal Finance plc (LON:IPF - Get Free Report)'s stock price rose 20% on Thursday . The company traded as high as GBX 215 ($2.85) and last traded at GBX 215 ($2.85). Approximately 3,820,783 shares changed hands during mid-day trading, an increase of 662% from the average daily volume of 501,498 shares. The stock had previously closed at GBX 179.20 ($2.38).

Analyst Upgrades and Downgrades

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

International Personal Finance Stock Up 0.2%

The company has a debt-to-equity ratio of 117.92, a quick ratio of 3.69 and a current ratio of 3.58. The company has a market cap of £461.44 million, a PE ratio of 10.28, a PEG ratio of 0.32 and a beta of 1.33. The firm has a fifty day simple moving average of GBX 170.54 and a 200 day simple moving average of GBX 149.28.

International Personal Finance (LON:IPF - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported GBX 14.20 ($0.19) earnings per share (EPS) for the quarter. International Personal Finance had a return on equity of 9.98% and a net margin of 6.45%. Equities research analysts predict 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.