EZCORP (EZPW) Reaches New 1-Year Low at $9.53

EZCORP Inc (NASDAQ:EZPW)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $9.53 and last traded at $9.35, with a volume of 38876 shares changing hands. The stock had previously closed at $9.83.

Several equities analysts recently issued reports on the company. ValuEngine upgraded EZCORP from a “hold” rating to a “buy” rating in a report on Thursday, August 9th. BidaskClub upgraded EZCORP from a “sell” rating to a “hold” rating in a report on Saturday, August 11th. Finally, Zacks Investment Research upgraded EZCORP from a “strong sell” rating to a “hold” rating in a report on Friday, September 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $16.50.

The company has a quick ratio of 2.16, a current ratio of 2.72 and a debt-to-equity ratio of 0.30. The firm has a market capitalization of $535.38 million, a PE ratio of 15.18 and a beta of 1.46.

A number of institutional investors and hedge funds have recently modified their holdings of the business. BlackRock Inc. boosted its holdings in EZCORP by 2.1% during the third quarter. BlackRock Inc. now owns 7,578,001 shares of the credit services provider’s stock worth $81,084,000 after buying an additional 158,910 shares during the last quarter. Rovida Advisors Inc. boosted its holdings in EZCORP by 6.8% during the second quarter. Rovida Advisors Inc. now owns 4,000,000 shares of the credit services provider’s stock worth $48,400,000 after buying an additional 254,810 shares during the last quarter. Stephens Investment Management Group LLC boosted its holdings in EZCORP by 29.1% during the second quarter. Stephens Investment Management Group LLC now owns 1,613,052 shares of the credit services provider’s stock worth $19,518,000 after buying an additional 363,135 shares during the last quarter. 22NW LP boosted its holdings in EZCORP by 36.8% during the second quarter. 22NW LP now owns 874,785 shares of the credit services provider’s stock worth $10,541,000 after buying an additional 235,300 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in EZCORP by 3.7% during the third quarter. Bank of New York Mellon Corp now owns 671,835 shares of the credit services provider’s stock worth $7,189,000 after buying an additional 23,893 shares during the last quarter.

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EZCORP Company Profile (NASDAQ:EZPW)

EZCORP, Inc provides pawn loans. The company operates through three segments: U.S. Pawn, Mexico Pawn, and Other International. It offers pawn loans, which are non-recourse loans collateralized by tangible personal property, such as jewelry, consumer electronics, power tools, sporting goods, and musical instruments; and sells merchandise, including collateral forfeited from pawn lending operations and used merchandise purchased from customers.

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