goeasy Ltd. (TSE:GSY – Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$44.56 and traded as high as C$52.10. goeasy shares last traded at C$49.90, with a volume of 327,248 shares traded.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on GSY. National Bank Financial lifted their price target on shares of goeasy from C$34.00 to C$43.00 and gave the stock a “sector perform” rating in a research note on Monday, July 27th. ATB Cormark Capital Markets cut shares of goeasy from a “market perform” rating to an “underperform” rating and set a C$35.00 target price for the company. in a research report on Wednesday, July 29th. BMO Capital Markets cut their price target on goeasy from C$45.00 to C$36.00 in a report on Wednesday, May 13th. Desjardins lowered their target price on goeasy from C$47.00 to C$38.00 and set a “buy” rating on the stock in a research report on Thursday, May 14th. Finally, Scotiabank lowered goeasy from a “sector outperform” rating to a “sector perform” rating and reduced their price target for the stock from C$55.00 to C$39.00 in a research report on Tuesday, April 28th. One research analyst has rated the stock with a Buy rating, six have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, goeasy currently has a consensus rating of “Reduce” and an average target price of C$37.89.
Check Out Our Latest Analysis on GSY
goeasy Stock Performance
goeasy (TSE:GSY – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported C$1.02 earnings per share (EPS) for the quarter. goeasy had a negative net margin of 15.76% and a negative return on equity of 26.45%. The firm had revenue of C$390.04 million for the quarter. As a group, equities analysts forecast that goeasy Ltd. will post 20.3207343 earnings per share for the current year.
About goeasy
goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.
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