goeasy (TSE:GSY) Reaches New 12-Month Low - Time to Sell?

goeasy Ltd. (TSE:GSY - Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company 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 Ratings Changes

GSY has been the topic of several analyst reports. BMO Capital Markets raised their price target on shares of goeasy from C$202.00 to C$207.00 in a research note on Monday, November 11th. Raymond James raised their price target on shares of goeasy from C$230.00 to C$245.00 in a research note on Tuesday, February 18th. Finally, Jefferies Financial Group dropped their price target on shares of goeasy from C$228.00 to C$215.00 and set a "buy" rating on the stock in a research note on Tuesday, February 11th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, goeasy presently has an average rating of "Moderate Buy" and an average price target of C$223.78.

goeasy Stock Down 0.4 %

The company has a quick ratio of 28.46, a current ratio of 82.04 and a debt-to-equity ratio of 287.63. The firm has a market cap of C$2.63 billion, a price-to-earnings ratio of 9.55, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87. The stock's 50 day moving average is C$171.89 and its 200 day moving average is C$175.17.

goeasy Announces Dividend

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

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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.