According to Zacks, “Ezcorp Inc. is engaged in establishing, acquiring, and operating pawnshops which function as convenient sources of consumer credit and as value-oriented specialty retailers of primarily previously owned merchandise. Through its lending function, the company makes relatively small, non-recourse loans secured by pledges of tangible personal property. The company contracts for a pawn service charge to compensate it for each pawn loan. “
Shares of EZCORP stock opened at $5.23 on Wednesday. The company has a market capitalization of $290.78 million, a P/E ratio of -4.22 and a beta of 1.62. The company has a debt-to-equity ratio of 0.39, a quick ratio of 3.75 and a current ratio of 4.48. The company has a fifty day moving average of $5.24 and a 200 day moving average of $5.03. EZCORP has a fifty-two week low of $4.34 and a fifty-two week high of $6.84.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Vantage Consulting Group Inc bought a new position in shares of EZCORP during the 4th quarter valued at about $27,000. ProShare Advisors LLC bought a new position in shares of EZCORP during the 4th quarter valued at about $56,000. Investment Management Associates Inc. ADV bought a new position in shares of EZCORP during the 4th quarter valued at about $60,000. Jane Street Group LLC bought a new position in shares of EZCORP during the 4th quarter valued at about $60,000. Finally, AQR Capital Management LLC bought a new position in shares of EZCORP during the 3rd quarter valued at about $80,000. 86.20% of the stock is owned by institutional investors and hedge funds.
EZCORP Company Profile
EZCORP, Inc provides pawn loans in the United States and Latin America. The company offers pawn loans, which are non-recourse loans collateralized by tangible personal property, including jewelry, consumer electronics, tools, sporting goods, and musical instruments; and sells merchandise, such as collateral forfeited from pawn lending operations and used merchandise purchased from customers.
Featured Article: How is a buy-side analyst different from a sell-side analyst?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for EZCORP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EZCORP and related companies with MarketBeat.com's FREE daily email newsletter.