Plutus Financial Group (NASDAQ:PLUT) Stock Price Down 0.7% – Should You Sell?

Plutus Financial Group Limited (NASDAQ:PLUT)’s stock price was down 0.7% during mid-day trading on Thursday . The company traded as low as $2.87 and last traded at $3.00. Approximately 1,530 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 2,257 shares. The stock had previously closed at $3.02.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered Plutus Financial Group from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, May 19th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Plutus Financial Group Stock Performance

The firm has a 50-day simple moving average of $3.01 and a 200-day simple moving average of $3.13.

Plutus Financial Group (NASDAQ:PLUT) last released its quarterly earnings data on Monday, May 11th. The company reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $0.38 million during the quarter.

About Plutus Financial Group

Plutus Financial Group, Inc is a diversified holding company focused on mortgage finance and credit services in the United States. Through its primary subsidiary, Plutus Financial, Inc, the company originates, underwrites and services residential and commercial mortgage loans. Since its incorporation in the early 1980s and subsequent listing on the NASDAQ, Plutus Financial Group has built its reputation on providing tailored financing solutions to homebuyers, real estate investors and developers.

The company’s product offerings include conventional mortgage loans, FHA and VA‐insured programs, jumbo and non‐conforming loans, construction financing and home equity lines of credit.