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 on Wednesday, December 4th. The shares were sold at an average price of $38.30, for a total value of $199,160.00.

Propel Stock Up 0.8 %

PRL traded up $0.28 during midday trading on Thursday, reaching $37.57. The company had a trading volume of 80,537 shares, compared to its average volume of 101,220. The business has a 50-day moving average of $34.62 and a two-hundred day moving average of $27.53. The company has a market cap of $1.29 billion, a P/E ratio of 26.08 and a beta of 1.75. Propel Holdings Inc. has a 1 year low of $12.10 and a 1 year high of $40.88.

Propel Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Stockholders of record on Wednesday, December 4th were paid a $0.15 dividend. This is a positive change from Propel’s previous quarterly dividend of $0.14. The ex-dividend date was Friday, November 15th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.60%. Propel’s dividend payout ratio is 39.16%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Scotiabank cut Propel from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 8th. Stephens upgraded Propel to a “strong-buy” rating in a research report on Wednesday, November 13th. Ventum Financial set a C$38.00 price target on Propel and gave the stock a “buy” rating in a research report on Wednesday, October 9th. Canaccord Genuity Group upgraded Propel to a “strong-buy” rating in a research report on Friday, October 4th. Finally, Ventum Cap Mkts upgraded Propel to a “strong-buy” rating in a research report on Tuesday, October 8th. One investment analyst has rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus 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.