International Personal Finance (LON:IPF) Trading Up 20% - What's Next?

Key Points

• International Personal Finance (LON:IPF) saw its stock price surge by 20% during mid-day trading, reaching a high of GBX 215 ($2.85), significantly up from the previous close of GBX 179.20 ($2.38).
• Trading volume increased dramatically to approximately 3.8 million shares, a 662% rise compared to the average daily volume.
• Analysts from Shore Capital have reiterated a "buy" rating on the shares, anticipating that the company will report an EPS of 22.10 for the current year.

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

Analysts Set New Price Targets

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

International Personal Finance Stock Up 0.2%

The business's 50 day moving average is GBX 170.54 and its 200 day moving average is GBX 148.99. 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 stock has a market cap of £460.73 million, a price-to-earnings ratio of 10.27, a price-to-earnings-growth ratio of 0.32 and a beta of 1.33.

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