Curo Group Holdings Corp (NYSE:CURO) shares gapped down prior to trading on Friday . The stock had previously closed at $13.95, but opened at $15.18. Curo Group shares last traded at $14.50, with a volume of 19268 shares.
Several research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Curo Group from a “hold” rating to a “sell” rating in a research note on Friday, July 20th. Stephens set a $38.00 price objective on shares of Curo Group and gave the company a “buy” rating in a research report on Tuesday, September 25th. Finally, Credit Suisse Group increased their price objective on shares of Curo Group from $32.00 to $34.00 and gave the company an “outperform” rating in a research report on Tuesday, August 14th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Curo Group presently has a consensus rating of “Buy” and an average price target of $29.00.
The stock has a market cap of $655.90 million and a price-to-earnings ratio of 7.79. The company has a current ratio of 5.35, a quick ratio of 5.35 and a debt-to-equity ratio of 11.91.
In other Curo Group news, EVP William C. Baker sold 56,844 shares of the stock in a transaction that occurred on Wednesday, September 26th. The shares were sold at an average price of $31.53, for a total value of $1,792,291.32. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Terry Gene Pittman sold 51,596 shares of the stock in a transaction that occurred on Wednesday, August 15th. The stock was sold at an average price of $26.52, for a total transaction of $1,368,325.92. The disclosure for this sale can be found here. 48.35% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wells Fargo & Company MN bought a new position in Curo Group in the first quarter worth approximately $167,000. California State Teachers Retirement System bought a new position in Curo Group in the first quarter worth approximately $203,000. Schwab Charles Investment Management Inc. bought a new position in Curo Group in the first quarter worth approximately $538,000. First Trust Advisors LP bought a new position in Curo Group in the third quarter worth approximately $611,000. Finally, Engineers Gate Manager LP bought a new position in Curo Group in the second quarter worth approximately $660,000. Institutional investors and hedge funds own 45.99% of the company’s stock.
About Curo Group (NYSE:CURO)
CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.
Recommended Story: What strategies should day traders use to execute a trade?
Receive News & Ratings for Curo Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Curo Group and related companies with MarketBeat.com's FREE daily email newsletter.