Insider Selling: goeasy Ltd. (TSE:GSY) Senior Officer Sells 1,800 Shares of Stock

goeasy Ltd. (TSE:GSY) Senior Officer Michael Anthony Eubanks sold 1,800 shares of the business’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of C$175.58, for a total value of C$316,051.56.

goeasy Stock Down 0.6 %

Shares of TSE:GSY traded down C$1.03 during trading on Wednesday, reaching C$177.22. 5,444 shares of the stock were exchanged, compared to its average volume of 49,480. goeasy Ltd. has a 1-year low of C$121.33 and a 1-year high of C$206.02. The stock has a fifty day moving average of C$179.97 and a two-hundred day moving average of C$184.04. The company has a debt-to-equity ratio of 289.31, a current ratio of 15.97 and a quick ratio of 28.46. The firm has a market cap of C$2.98 billion, a price-to-earnings ratio of 11.60, a price-to-earnings-growth ratio of 0.84 and a beta of 1.87.

goeasy Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 10th. Shareholders of record on Friday, December 27th will be issued a dividend of $1.17 per share. The ex-dividend date of this dividend is Friday, December 27th. This represents a $4.68 annualized dividend and a yield of 2.64%. goeasy’s payout ratio is 30.45%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on GSY shares. National Bankshares increased their price objective on goeasy from C$235.00 to C$240.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Scotiabank increased their price objective on shares of goeasy from C$215.00 to C$222.00 in a research report on Friday, August 9th. Desjardins lowered their target price on shares of goeasy from C$215.00 to C$210.00 and set a “buy” rating for the company in a research note on Wednesday, October 23rd. Finally, BMO Capital Markets upped their price target on shares of goeasy from C$202.00 to C$207.00 in a research report on Monday. Two equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$219.89.

About goeasy

goeasy Ltd. provides non-prime leasing and lending services under the easyhome, easyfinancial, and LendCare brands to consumers in Canada. The company operates through two segments, Easyfinancial and Easyhome. It offers unsecured and secured installment loans; home equity secured instalment loans and automotive vehicle financing; and loans to finance the purchase of retail goods, powersports and recreational vehicles, home improvement projects, and healthcare related products and services.