Propel Holdings Inc. (TSE:PRL) Senior Officer Jonathan Krauklis Sells 5,000 Shares

Propel Holdings Inc. (TSE:PRL - Get Free Report) Senior Officer Jonathan Krauklis sold 5,000 shares of the business's stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $36.00, for a total transaction of $180,000.00.

Jonathan Krauklis also recently made the following trade(s):

• On Friday, May 23rd, Jonathan Krauklis sold 4,555 shares of Propel stock. The stock was sold at an average price of $31.50, for a total transaction of $143,482.50.

Propel Stock Performance

TSE:PRL traded up $0.62 during mid-day trading on Wednesday, reaching $37.45. The stock had a trading volume of 71,477 shares, compared to its average volume of 187,307. The stock has a market capitalization of $1.04 billion, a P/E ratio of 23.17 and a beta of 1.75. Propel Holdings Inc. has a one year low of $20.99 and a one year high of $43.36. The firm has a 50 day moving average price of $31.15 and a two-hundred day moving average price of $31.53.

Propel Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 4th. Stockholders of record on Wednesday, June 4th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend was Thursday, May 15th. Propel's dividend payout ratio (DPR) is presently 34.64%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Raymond James Financial cut their price target on Propel from C$52.00 to C$44.00 and set an "outperform" rating for the company in a research note on Thursday, March 13th. Scotiabank decreased their target price on Propel from C$44.00 to C$38.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Three analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Strong Buy" and a consensus target price of $41.25.

About Propel

Propel Holdings Inc is a financial technology company committed to credit inclusion and helping underserved consumers by providing fair, fast, and transparent access to credit. It operates through its two brands: MoneyKey and CreditFresh. The company, through its MoneyKey brand, is a state-licensed direct lender and offers either Installment Loans or Lines of Credit to new customers in several US states.