Propel Holdings Inc. (TSE:PRL) Senior Officer Jonathan Ari Goler Sells 5,200 Shares

Propel Holdings Inc. (TSE:PRL) Senior Officer Jonathan Ari Goler sold 5,200 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $38.30, for a total transaction of $199,160.00.

Propel Price Performance

Shares of PRL opened at $37.57 on Friday. Propel Holdings Inc. has a 12 month low of $12.10 and a 12 month high of $40.88. The stock’s 50-day moving average is $34.75 and its two-hundred day moving average is $27.66. The stock has a market cap of $1.29 billion, a PE ratio of 26.27 and a beta of 1.75.

Propel Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, December 4th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend was Friday, November 15th. This is a boost from Propel’s previous quarterly dividend of $0.14. Propel’s dividend payout ratio is currently 39.16%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on PRL shares. Eight Capital upped their price objective on Propel from C$38.00 to C$45.00 in a research report on Friday, November 8th. Ventum Financial set a C$38.00 target price on shares of Propel and gave the stock a “buy” rating in a research note on Wednesday, October 9th. Raymond James increased their price target on Propel from C$40.00 to C$47.00 in a research note on Monday, November 18th. Stephens upgraded Propel to a “strong-buy” rating in a research note on Wednesday, November 13th. Finally, Canaccord Genuity Group upgraded Propel to a “strong-buy” rating in a report on Friday, October 4th. One equities research analyst has rated the stock with a hold rating, one has issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $41.00.

About Propel

Propel Holdings Inc operates as a financial technology company. The company’s lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.