Stephens began coverage on shares of EZCORP (NASDAQ:EZPW - Free Report) in a report released on Wednesday morning, MarketBeat reports. The firm issued an equal weight rating and a $13.00 price target on the credit services provider's stock.
Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a $19.00 price objective on shares of EZCORP in a report on Friday, October 4th.
Read Our Latest Report on EZPW
EZCORP Price Performance
Shares of EZPW traded up $0.11 on Wednesday, hitting $11.88. The company's stock had a trading volume of 307,213 shares, compared to its average volume of 509,337. The company has a market capitalization of $650.31 million, a PE ratio of 11.46 and a beta of 1.03. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.59 and a quick ratio of 1.99. EZCORP has a fifty-two week low of $7.72 and a fifty-two week high of $12.23. The company has a 50 day moving average price of $11.34 and a 200 day moving average price of $10.86.
Institutional Trading of EZCORP
Institutional investors and hedge funds have recently made changes to their positions in the business. Assenagon Asset Management S.A. raised its position in shares of EZCORP by 44.4% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,460,564 shares of the credit services provider's stock valued at $15,292,000 after acquiring an additional 449,360 shares during the last quarter. Boston Partners increased its position in shares of EZCORP by 59.5% in the 1st quarter. Boston Partners now owns 843,105 shares of the credit services provider's stock valued at $9,553,000 after buying an additional 314,435 shares in the last quarter. Fourth Sail Capital LP increased its position in shares of EZCORP by 21.5% in the 2nd quarter. Fourth Sail Capital LP now owns 718,947 shares of the credit services provider's stock valued at $7,527,000 after buying an additional 127,070 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of EZCORP in the 2nd quarter valued at $1,624,000. Finally, Exchange Traded Concepts LLC increased its position in shares of EZCORP by 129.9% in the 3rd quarter. Exchange Traded Concepts LLC now owns 145,423 shares of the credit services provider's stock valued at $1,630,000 after buying an additional 82,165 shares in the last quarter. Institutional investors own 99.83% of the company's stock.
About EZCORP
(
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EZCORP, Inc provides pawn services in the United States and Latin America. The company operates through three segments: U.S. Pawn, Latin America Pawn, and Other Investments. The company offers pawn loans collateralized by tangible personal property, jewelry, consumer electronics, tools, sporting goods, and musical instruments.
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