goeasy (TSE:GSY) Sets New 52-Week Low - Should You Sell?

goeasy Ltd. (TSE:GSY - Get Free Report) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$151.57 and last traded at C$151.77, with a volume of 29861 shares trading hands. The stock had previously closed at C$157.09.

Analyst Ratings Changes

A number of brokerages recently commented on GSY. Jefferies Financial Group dropped their price target on goeasy from C$228.00 to C$215.00 and set a "buy" rating for the company in a research note on Tuesday, February 11th. Raymond James raised their target price on shares of goeasy from C$230.00 to C$245.00 in a research report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of C$223.78.

goeasy Trading Up 5.9 %

The company has a current ratio of 82.04, a quick ratio of 28.46 and a debt-to-equity ratio of 287.63. The company has a market cap of C$2.50 billion, a P/E ratio of 9.08, a PEG ratio of 0.84 and a beta of 1.87. The stock's 50 day moving average is C$170.25 and its 200-day moving average is C$173.90.

goeasy Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 10th. Shareholders of record on Friday, January 10th were given a $1.17 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 3.13%. goeasy's payout ratio is 28.45%.

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About goeasy

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.