Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL) Shares Up 0.1% – Still a Buy?

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 (NASDAQ:ATLCL)’s stock price shot up 0.1% during trading on Monday . The stock traded as high as $25.06 and last traded at $25.0150. 2,793 shares traded hands during trading, a decline of 84% from the average session volume of 17,340 shares. The stock had previously closed at $25.00.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Stock Performance

The firm has a 50 day moving average of $25.02 and a 200-day moving average of $24.90.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Wednesday, April 15th were paid a dividend of $0.3828 per share. The ex-dividend date was Wednesday, April 15th. This represents a $1.53 dividend on an annualized basis and a yield of 6.1%.

Atlanticus Holdings Co. 6.125% Senior Notes due 2026 Company Profile

Atlanticus Holdings Co, together with its subsidiaries, provides consumer financial services, specializing in private-label credit and loyalty programs, installment loans and payment solutions. The company partners with banks and retail and service-based merchants—including automotive dealerships, furniture retailers and healthcare providers—to underwrite and administer credit products that cater to consumers with less-established credit histories.

Headquartered in Atlanta, Georgia, Atlanticus leverages proprietary underwriting technology to originate, acquire and service installment loans through its direct-to-consumer online platform, and manages portfolio servicing for co-branded credit card programs across the United States.