goeasy (OTCMKTS:EHMEF) Shares Down 1.5% – Here’s What Happened

goeasy Ltd. (OTCMKTS:EHMEF)’s stock price was down 1.5% on Monday . The company traded as low as $33.30 and last traded at $33.38. Approximately 3,808 shares were traded during trading, a decline of 79% from the average session volume of 18,487 shares. The stock had previously closed at $33.89.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Royal Bank Of Canada restated an “underperform” rating on shares of goeasy in a research note on Thursday, May 14th. Scotiabank lowered shares of goeasy from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, April 28th. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, goeasy currently has a consensus rating of “Hold”.

goeasy Stock Performance

The business has a fifty day simple moving average of $27.89 and a 200 day simple moving average of $51.46.

About goeasy

goeasy Ltd. is a Canadian alternative financial services provider that specializes in serving non-prime and near-prime consumers. Through its two primary operating divisions—easyhome and easyfinancial—the company offers lease-to-own solutions for household furnishings and electronic goods, as well as unsecured, fixed-term installment loans and lines of credit. These services are designed to provide accessible credit options to individuals who may not qualify for traditional banking products.

The easyhome division operates a network of retail locations across Canada, where customers can lease furniture, appliances and electronics with the option to own products outright at the end of the term.