Curo Group (CURO) Reaches New 12-Month High at $32.20
Curo Group Holdings Corp (NYSE:CURO)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as $32.20 and last traded at $31.78, with a volume of 4367 shares. The stock had previously closed at $30.88.
CURO has been the topic of a number of recent research reports. Zacks Investment Research lowered shares of Curo Group from a “buy” rating to a “hold” rating in a research report on Wednesday, June 27th. ValuEngine lowered shares of Curo Group from a “buy” rating to a “hold” rating in a research report on Saturday, June 2nd. Credit Suisse Group raised their price target on shares of Curo Group from $32.00 to $34.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 14th. Finally, Stephens set a $38.00 price target on shares of Curo Group and gave the stock a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. Curo Group has an average rating of “Buy” and an average target price of $29.00.
The company has a debt-to-equity ratio of 11.91, a quick ratio of 5.35 and a current ratio of 5.35. The stock has a market capitalization of $1.40 billion and a P/E ratio of 17.03.
In other Curo Group news, EVP Terry Gene Pittman sold 51,596 shares of the firm’s stock in a transaction dated Wednesday, August 15th. The shares were sold at an average price of $26.52, for a total value of $1,368,325.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 48.35% of the stock is owned by company insiders.
A number of hedge funds have recently added to or reduced their stakes in the business. Northern Trust Corp increased its holdings in Curo Group by 5.1% in the 2nd quarter. Northern Trust Corp now owns 83,793 shares of the company’s stock valued at $2,091,000 after buying an additional 4,074 shares during the period. Bank of New York Mellon Corp increased its holdings in Curo Group by 298.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 72,157 shares of the company’s stock valued at $1,800,000 after buying an additional 54,053 shares during the period. Public Employees Retirement System of Ohio bought a new position in Curo Group in the 2nd quarter valued at about $3,982,000. Castleark Management LLC bought a new stake in shares of Curo Group during the 2nd quarter valued at approximately $7,060,000. Finally, Millennium Management LLC grew its holdings in shares of Curo Group by 445.5% during the 2nd quarter. Millennium Management LLC now owns 289,101 shares of the company’s stock valued at $7,213,000 after purchasing an additional 236,105 shares during the last quarter. 45.99% of the stock is currently owned by hedge funds and other institutional investors.
About Curo Group (NYSE:CURO)
CURO Group Holdings Corp., a diversified consumer finance company, provides consumer finance to a range of underbanked consumers in the United States, Canada, and the United Kingdom. It offers unsecured installment loans, secured installment loans, open-end loans, and single-pay loans, as well as ancillary financial products, including check cashing, proprietary reloadable prepaid debit cards, credit protection insurance, gold buying, retail installment sales, and money transfer services.
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