Separately, Shore Capital reissued a buy rating on shares of Arrow Global Group in a research note on Thursday, November 8th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average price target of GBX 404 ($5.28).
Shares of LON ARW traded down GBX 6 ($0.08) during trading hours on Thursday, hitting GBX 188 ($2.46). The stock had a trading volume of 901,061 shares, compared to its average volume of 835,450. Arrow Global Group has a 52 week low of GBX 305.25 ($3.99) and a 52 week high of GBX 480 ($6.27).
The company also recently declared a dividend, which will be paid on Friday, July 12th. Investors of record on Thursday, June 6th will be paid a GBX 8.70 ($0.11) dividend. This is a boost from Arrow Global Group’s previous dividend of $4.00. The ex-dividend date is Thursday, June 6th. This represents a dividend yield of 4.44%.
About Arrow Global Group
Arrow Global Group PLC, together with its subsidiaries, identifies, acquires, and manages secured and unsecured defaulted loan portfolios consisting of consumer and SME accounts from financial institutions, such as banks and credit card companies in the United Kingdom and mainland Europe. The company also engages in the debt purchase and asset management business.
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