PRA Group, Inc. (NASDAQ:PRAA) EVP Steven C. Roberts sold 2,597 shares of the firm’s stock in a transaction that occurred on Tuesday, September 14th. The shares were sold at an average price of $42.00, for a total value of $109,074.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
PRAA stock opened at $40.76 on Friday. PRA Group, Inc. has a twelve month low of $32.78 and a twelve month high of $45.52. The stock’s 50 day moving average is $39.84 and its 200-day moving average is $38.69. The firm has a market capitalization of $1.87 billion, a PE ratio of 10.04 and a beta of 1.41.
PRA Group (NASDAQ:PRAA) last issued its quarterly earnings results on Thursday, August 5th. The business services provider reported $1.22 EPS for the quarter, beating the Zacks’ consensus estimate of $0.76 by $0.46. The company had revenue of $285.63 million during the quarter, compared to the consensus estimate of $258.24 million. PRA Group had a return on equity of 13.52% and a net margin of 16.72%. On average, research analysts expect that PRA Group, Inc. will post 4.01 EPS for the current year.
About PRA Group
PRA Group, Inc engages in the purchase, collection and management of portfolios of nonperforming loans. The firm purchase portfolios of nonperforming loans at a discount in two broad categories: Core and Insolvency. It also provides fee-based services on class action claims recoveries and by servicing consumer bankruptcy accounts in the United States.
Featured Article: Trade War
Receive News & Ratings for PRA Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PRA Group and related companies with MarketBeat.com's FREE daily email newsletter.