goeasy (TSE:GSY) Sets New 12-Month Low – Here’s What Happened

goeasy Ltd. (TSE:GSY)’s share price reached a new 52-week low on Tuesday . The stock traded as low as C$153.30 and last traded at C$155.05, with a volume of 73463 shares traded. The stock had previously closed at C$162.69.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on GSY shares. Raymond James lifted their price objective on goeasy from C$230.00 to C$245.00 in a research note on Tuesday, February 18th. BMO Capital Markets lifted their price target on goeasy from C$202.00 to C$207.00 in a research report on Monday, November 11th. Finally, Jefferies Financial Group cut their price objective on shares of goeasy from C$228.00 to C$215.00 and set a “buy” rating on the stock in a research report on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of C$223.78.

goeasy Price Performance

The company has a market capitalization of C$2.63 billion, a P/E ratio of 9.54, a P/E/G ratio of 0.84 and a beta of 1.87. The firm has a fifty day moving average of C$172.31 and a 200 day moving average of C$175.74. The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63.

goeasy Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 10th. Investors of record on Friday, January 10th were given a dividend of $1.17 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.98%. goeasy’s dividend payout ratio (DPR) is presently 28.45%.

Insider Buying and Selling at goeasy

In related news, Senior Officer Jason Mullins sold 2,500 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. Insiders own 22.05% of the company’s stock.

goeasy Company Profile

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.