goeasy (TSE:GSY) Stock Price Crosses Above Fifty Day Moving Average – Should You Sell?

goeasy Ltd. (TSE:GSY)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$170.18 and traded as high as C$193.56. goeasy shares last traded at C$192.90, with a volume of 48,629 shares traded.

Analyst Ratings Changes

GSY has been the subject of a number of recent research reports. BMO Capital Markets lifted their target price on goeasy from C$202.00 to C$207.00 in a report on Monday, November 11th. Desjardins decreased their price objective on goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Finally, National Bankshares raised their price objective on shares of goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Two research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of C$219.89.

goeasy Trading Up 1.1 %

The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The company’s fifty day moving average price is C$170.18 and its 200-day moving average price is C$179.04. The stock has a market cap of C$3.24 billion, a price-to-earnings ratio of 12.55, a P/E/G ratio of 0.84 and a beta of 1.87.

goeasy (TSE:GSY) last released its quarterly earnings data on Thursday, November 7th. The company reported C$4.32 earnings per share (EPS) for the quarter, beating the consensus estimate of C$4.16 by C$0.16. goeasy had a net margin of 33.40% and a return on equity of 25.28%. During the same period in the prior year, the firm earned $3.81 earnings per share. On average, research analysts expect that goeasy Ltd. will post 20.3207343 EPS for the current fiscal year.

goeasy Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 10th. Stockholders of record on Friday, January 10th were given a dividend of $1.17 per share. The ex-dividend date of this dividend was Friday, December 27th. This represents a $4.68 annualized dividend and a dividend yield of 2.43%. goeasy’s dividend payout ratio (DPR) is 30.45%.

Insider Buying and Selling

In related news, Senior Officer Jason Mullins sold 2,500 shares of goeasy stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$171.76, for a total transaction of C$429,400.00. Also, Senior Officer Patrick Ryan Doris Ens bought 3,050 shares of goeasy stock in a transaction dated Friday, November 15th. The shares were bought at an average cost of C$172.62 per share, for a total transaction of C$526,491.00. Insiders own 22.05% of the company’s stock.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.