goeasy (OTCMKTS:EHMEF) Shares Up 2% – Should You Buy?

goeasy Ltd. (OTCMKTS:EHMEF) shares rose 2% on Tuesday. The company traded as high as $30.91 and last traded at $30.91. 1,241 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 15,809 shares. The stock had previously closed at $30.31.

Analyst Upgrades and Downgrades

Separately, Royal Bank Of Canada reiterated an “underperform” rating on shares of goeasy in a research note on Monday, August 10th. Three investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, goeasy has an average rating of “Reduce”.

goeasy Stock Performance

The stock’s fifty day simple moving average is $32.49 and its 200-day simple moving average is $29.79.

goeasy Company Profile

goeasy Ltd. is a Canadian alternative financial services company that provides credit and leasing solutions to consumers who may have limited access to traditional financial institutions. The company operates primarily through its easyfinancial and easyhome businesses.

easyfinancial offers unsecured and secured personal loans, lines of credit and related financial products through digital channels and a network of Canadian branches. easyhome provides lease-to-own financing for household furniture, appliances, electronics and other goods, serving customers through retail locations and online platforms.

Founded in 1990, goeasy is headquartered in Mississauga, Ontario, and serves customers across Canada.