Plutus Financial Group Limited (NASDAQ:PLUT – Get Free Report) dropped 7.7% during mid-day trading on Wednesday . The company traded as low as $2.50 and last traded at $2.76. 920 shares traded hands during trading, a decline of 7% from the average session volume of 989 shares. The stock had previously closed at $2.99.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings downgraded Plutus Financial Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 19th. One research analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.
Get Our Latest Analysis on PLUT
Plutus Financial Group Trading Up 6.6%
Plutus Financial Group (NASDAQ:PLUT – Get Free Report) last released its earnings results on Monday, May 11th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $0.38 million for the quarter.
About Plutus Financial Group
Plutus Financial Group, Inc is a diversified holding company focused on mortgage finance and credit services in the United States. Through its primary subsidiary, Plutus Financial, Inc, the company originates, underwrites and services residential and commercial mortgage loans. Since its incorporation in the early 1980s and subsequent listing on the NASDAQ, Plutus Financial Group has built its reputation on providing tailored financing solutions to homebuyers, real estate investors and developers.
The company’s product offerings include conventional mortgage loans, FHA and VA‐insured programs, jumbo and non‐conforming loans, construction financing and home equity lines of credit.
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