Several other research analysts have also recently commented on the company. Jefferies Financial Group began covering CURO Group in a report on Tuesday, July 26. They set a “buy” rating on the stock. Credit Suisse Group cut its price target on the CURO Group to $14.00 in a Monday, August 15 report.
CURO Group shares down 1.9%
CURO opened at $7.08 on Thursday. The stock’s fifty-day moving average is $6.71 and its two-hundred-day moving average is $9.47. The company has a market capitalization of $285.67 million, a P/E ratio of -3.00 and a beta of 2.71. The CURO group has a 52-week low of $5.22 and a 52-week high of $20.10.
Institutional negotiation of the CURO Group
Institutional investors and hedge funds have recently increased or reduced their stake in the company. Allspring Global Investments Holdings LLC acquired a new position in CURO Group stock in Q4, valued at approximately $151,000. Northern Trust Corp increased its holdings of CURO Group shares by 1.0% in the fourth quarter. Northern Trust Corp now owns 198,776 shares of the company valued at $3,182,000 after purchasing an additional 1,896 shares during the period. First Trust Advisors LP increased its stake in CURO Group by 11.4% in the fourth quarter. First Trust Advisors LP now owns 34,122 shares of the company worth $546,000 after purchasing an additional 3,493 shares during the period. The Swiss National Bank acquired a new position in the CURO group in the 4th quarter worth approximately $656,000. Finally, Dimensional Fund Advisors LP increased its stake in CURO Group by 9.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 314,158 shares of the company worth $5,029,000 after purchasing an additional 26,946 shares during the period. Institutional investors and hedge funds hold 38.78% of the company’s shares.
About CURO Group
CURO Group Holdings Corp., together with its subsidiaries, offers consumer credit products in the United States and Canada. The Company offers unsecured installment loans, secured installment loans, open-ended loans and one-time payment loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, demand deposit accounts, credit protection insurance, retail installment sales. , and money transfer services.
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