World Acceptance (NASDAQ:WRLD) Shares Gap Up to $138.81

World Acceptance Co. (NASDAQ:WRLD)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $138.81, but opened at $149.31. World Acceptance shares last traded at $142.45, with a volume of 3,187 shares traded.

World Acceptance Price Performance

The company’s 50-day simple moving average is $133.69 and its 200 day simple moving average is $126.42. The company has a quick ratio of 20.46, a current ratio of 20.46 and a debt-to-equity ratio of 1.44. The stock has a market capitalization of $847.55 million, a price-to-earnings ratio of 12.03 and a beta of 1.42.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC acquired a new stake in shares of World Acceptance in the third quarter worth $280,000. Principal Financial Group Inc. boosted its holdings in World Acceptance by 1.7% during the third quarter. Principal Financial Group Inc. now owns 21,120 shares of the credit services provider’s stock valued at $2,684,000 after acquiring an additional 357 shares during the period. Los Angeles Capital Management LLC grew its position in shares of World Acceptance by 132.4% in the third quarter. Los Angeles Capital Management LLC now owns 17,057 shares of the credit services provider’s stock valued at $2,167,000 after purchasing an additional 9,719 shares during the last quarter. Illinois Municipal Retirement Fund bought a new position in shares of World Acceptance in the third quarter worth about $263,000. Finally, Barclays PLC lifted its position in shares of World Acceptance by 10.0% during the 3rd quarter. Barclays PLC now owns 2,086 shares of the credit services provider’s stock worth $264,000 after purchasing an additional 190 shares during the last quarter. 83.63% of the stock is owned by institutional investors.

About World Acceptance

World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and filing services; and automobile club memberships.