EZCORP (NASDAQ:EZPW) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

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 $25.24 and traded as high as $32.47. EZCORP shares last traded at $32.15, with a volume of 648,225 shares.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. Wall Street Zen raised shares of EZCORP from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 9th. Canaccord Genuity Group set a $44.00 price target on shares of EZCORP in a report on Friday, May 8th. Weiss Ratings raised shares of EZCORP from a “buy (b+)” rating to a “buy (a-)” rating in a report on Wednesday, April 8th. Stephens boosted their price target on shares of EZCORP from $22.00 to $26.00 and gave the stock an “equal weight” rating in a report on Friday, February 6th. Finally, Citizens Jmp lifted their target price on shares of EZCORP from $33.00 to $39.00 and gave the stock a “market outperform” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, EZCORP currently has a consensus rating of “Buy” and an average price target of $37.25.

EZCORP Stock Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 3.52 and a current ratio of 4.71. The firm’s 50 day simple moving average is $30.75 and its 200-day simple moving average is $25.24. The company has a market cap of $1.98 billion, a price-to-earnings ratio of 17.47 and a beta of 0.63.

EZCORP (NASDAQ:EZPW) last announced its earnings results on Wednesday, May 6th. The credit services provider reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.22. EZCORP had a net margin of 9.91% and a return on equity of 13.45%. The company had revenue of $434.90 million for the quarter. On average, sell-side analysts predict that EZCORP, Inc. will post 2 EPS for the current year.

Insider Buying and Selling at EZCORP

In other news, Director Jason A. Kulas sold 20,000 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $33.56, for a total transaction of $671,200.00. Following the transaction, the director owned 172,948 shares of the company’s stock, valued at approximately $5,804,134.88. The trade was a 10.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 2.13% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. GHP Investment Advisors Inc. acquired a new position in shares of EZCORP during the 4th quarter valued at about $25,000. Aster Capital Management DIFC Ltd acquired a new position in shares of EZCORP during the 3rd quarter valued at about $29,000. KBC Group NV acquired a new position in shares of EZCORP during the 1st quarter valued at about $44,000. Deutsche Bank AG boosted its position in shares of EZCORP by 533.5% during the 4th quarter. Deutsche Bank AG now owns 2,667 shares of the credit services provider’s stock valued at $52,000 after acquiring an additional 2,246 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its position in shares of EZCORP by 913.5% during the 3rd quarter. Jones Financial Companies Lllp now owns 4,216 shares of the credit services provider’s stock valued at $79,000 after acquiring an additional 3,800 shares during the last quarter. Institutional investors and hedge funds own 99.83% of the company’s stock.

About EZCORP

EZCORP, Inc is a specialty consumer finance company that provides pawn loans and retail merchandise programs primarily through its EZPAWN and Cash Converters brands. The company offers collateral-based loans secured principally by jewelry, electronics, musical instruments and other personal items, alongside check-cashing, money-transfer and bill-payment services. In addition to its pawn lending operations, EZCORP acquires previously pawned or consumer merchandise for resale through its “Sell-It-Now” platform and retail storefronts.

Founded in 1989 and headquartered in San Antonio, Texas, EZCORP operates in two principal geographic markets: the United States and Mexico.