EZCORP (NASDAQ:EZPW) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Shares of EZCORP, Inc. (NASDAQ:EZPW) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.94 and traded as high as $14.09. EZCORP shares last traded at $13.84, with a volume of 757,564 shares changing hands.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Canaccord Genuity Group raised their target price on shares of EZCORP from $19.00 to $22.00 and gave the company a “buy” rating in a report on Friday, February 7th. Stephens reaffirmed an “equal weight” rating and set a $13.50 price target on shares of EZCORP in a report on Thursday, February 6th.

EZCORP Trading Down 1.8 %

The firm’s 50-day moving average is $12.52 and its 200 day moving average is $11.95. The company has a current ratio of 2.91, a quick ratio of 2.13 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $746.36 million, a price-to-earnings ratio of 11.81 and a beta of 1.01.

EZCORP (NASDAQ:EZPW) last posted its earnings results on Wednesday, February 5th. The credit services provider reported $0.42 EPS for the quarter, topping the consensus estimate of $0.35 by $0.07. EZCORP had a net margin of 7.25% and a return on equity of 11.04%. On average, equities analysts predict that EZCORP, Inc. will post 1.3 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, CRO Nicole Swies sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $12.47, for a total value of $124,700.00. Following the transaction, the executive now owns 101,813 shares in the company, valued at approximately $1,269,608.11. The trade was a 8.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 2.13% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Teza Capital Management LLC lifted its position in shares of EZCORP by 6.6% in the 4th quarter. Teza Capital Management LLC now owns 14,425 shares of the credit services provider’s stock worth $176,000 after purchasing an additional 896 shares during the period. GAMMA Investing LLC lifted its position in shares of EZCORP by 97.0% in the 4th quarter. GAMMA Investing LLC now owns 3,156 shares of the credit services provider’s stock worth $39,000 after purchasing an additional 1,554 shares during the period. Aigen Investment Management LP lifted its position in shares of EZCORP by 11.8% in the 4th quarter. Aigen Investment Management LP now owns 19,800 shares of the credit services provider’s stock worth $242,000 after purchasing an additional 2,088 shares during the period. State Street Corp lifted its position in shares of EZCORP by 0.3% in the 3rd quarter. State Street Corp now owns 1,084,777 shares of the credit services provider’s stock worth $12,160,000 after purchasing an additional 2,809 shares during the period. Finally, LPL Financial LLC lifted its position in shares of EZCORP by 39.3% in the 4th quarter. LPL Financial LLC now owns 14,430 shares of the credit services provider’s stock worth $176,000 after purchasing an additional 4,070 shares during the period. Institutional investors and hedge funds own 99.83% of the company’s stock.

EZCORP Company Profile

EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.