World Acceptance (NASDAQ:WRLD) announced its quarterly earnings results on Tuesday. The credit services provider reported $2.44 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.43, MarketWatch Earnings reports. World Acceptance had a net margin of 16.80% and a return on equity of 23.20%.
NASDAQ WRLD traded up $0.03 on Thursday, reaching $181.11. The company had a trading volume of 109 shares, compared to its average volume of 24,753. The firm has a market cap of $1.23 billion, a price-to-earnings ratio of 13.50 and a beta of 1.59. The company has a quick ratio of 14.24, a current ratio of 14.24 and a debt-to-equity ratio of 1.00. World Acceptance has a 1-year low of $63.64 and a 1-year high of $181.18. The stock’s fifty day moving average price is $160.62.
In other World Acceptance news, SVP Jason E. Childers sold 1,000 shares of the business’s stock in a transaction dated Thursday, June 17th. The shares were sold at an average price of $166.04, for a total transaction of $166,040.00. Following the sale, the senior vice president now directly owns 14,049 shares of the company’s stock, valued at approximately $2,332,695.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Darrell E. Whitaker sold 1,592 shares of the business’s stock in a transaction dated Friday, June 25th. The stock was sold at an average price of $175.00, for a total transaction of $278,600.00. Following the sale, the director now directly owns 8,924 shares in the company, valued at $1,561,700. The disclosure for this sale can be found here. Insiders have sold a total of 4,292 shares of company stock worth $742,140 over the last three months. Insiders own 39.00% of the company’s stock.
World Acceptance Company Profile
World Acceptance Corporation, together with its subsidiaries, engages in small-loan consumer finance business. 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 automobile club memberships to its borrowers; and income tax return preparation and electronic filing services.
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