Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Stock Price Up 0.2% – Should You Buy?

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) shot up 0.2% on Tuesday. The company traded as high as $25.28 and last traded at $25.2490. Approximately 6,046 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 12,182 shares. The stock had previously closed at $25.20.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Performance

The company has a 50 day moving average of $25.12 and a 200-day moving average of $25.10.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Wednesday, July 15th were given a $0.3828 dividend. This represents a $1.53 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Wednesday, July 15th.

About Atlanticus Holdings Co. 6.125% Senior Notes due 2026

Atlanticus Holdings Co, together with its subsidiaries, provides consumer financial services, specializing in private-label credit and loyalty programs, installment loans and payment solutions. The company partners with banks and retail and service-based merchants—including automotive dealerships, furniture retailers and healthcare providers—to underwrite and administer credit products that cater to consumers with less-established credit histories.

Headquartered in Atlanta, Georgia, Atlanticus leverages proprietary underwriting technology to originate, acquire and service installment loans through its direct-to-consumer online platform, and manages portfolio servicing for co-branded credit card programs across the United States.