goeasy (TSE:GSY) Insider Sells C$117,165.02 in Stock

goeasy Ltd. (TSE:GSY) insider Courtenay Andrew Ames Plaunt sold 2,591 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of C$45.22, for a total transaction of C$117,165.02.

Courtenay Andrew Ames Plaunt also recently made the following trade(s):

• On Tuesday, August 18th, Courtenay Andrew Ames Plaunt sold 979 shares of goeasy stock. The shares were sold at an average price of C$45.22, for a total transaction of C$44,270.38.
• On Tuesday, August 18th, Courtenay Andrew Ames Plaunt sold 770 shares of goeasy stock. The stock was sold at an average price of C$45.20, for a total transaction of C$34,804.00.

goeasy Trading Up 5.3%

Shares of goeasy stock traded up C$2.19 during trading hours on Friday, hitting C$43.70. The company’s stock had a trading volume of 60,392 shares, compared to its average volume of 243,041. The business has a fifty day moving average of C$45.49 and a 200 day moving average of C$54.10. goeasy Ltd. has a 1-year low of C$27.60 and a 1-year high of C$216.50. The company has a quick ratio of 28.46, a current ratio of 22.81 and a debt-to-equity ratio of 558.73. The company has a market capitalization of C$700.69 million, a PE ratio of -2.09, a P/E/G ratio of 0.84 and a beta of 1.39.

goeasy (TSE:GSY) last posted its earnings results on Thursday, August 6th. The company reported C$1.02 earnings per share for the quarter. goeasy had a negative net margin of 20.21% and a negative return on equity of 37.13%. The business had revenue of C$390.04 million for the quarter. As a group, equities analysts forecast that goeasy Ltd. will post 20.3207343 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on GSY shares. Scotiabank downgraded goeasy from a “sector outperform” rating to a “sector perform” rating and decreased their target price for the stock from C$55.00 to C$39.00 in a research report on Tuesday, April 28th. BMO Capital Markets dropped their target price on goeasy from C$45.00 to C$36.00 in a report on Wednesday, May 13th. ATB Cormark Capital Markets lowered goeasy from a “market perform” rating to an “underperform” rating and set a C$35.00 price target on the stock. in a research report on Wednesday, July 29th. Royal Bank Of Canada upped their price target on goeasy from C$30.00 to C$35.00 in a report on Monday, August 10th. Finally, Jefferies Financial Group lifted their price objective on shares of goeasy from C$45.00 to C$51.00 in a research note on Monday, August 10th. One research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, goeasy has a consensus rating of “Reduce” and an average target price of C$42.89.

About goeasy

goeasy Ltd provides financial services to own furniture, electronics, computers, and appliances. It offers merchandise leasing of household furnishings, appliances, and home electronic products to consumers under weekly or monthly leasing agreements. The company also offers unsecured installment loans to consumers. Its reportable business segments include easyhome and easyfinancial, of which it derives maximum revenue from easyfinancial segment.