Green Dot (NYSE:GDOT) was downgraded by research analysts at Northland Securities from an “outperform” rating to a “market perform” rating in a research report issued to clients and investors on Friday, The Fly reports.
A number of other equities analysts have also recently issued reports on GDOT. SunTrust Banks decreased their price objective on shares of Green Dot to $40.00 and set a “buy” rating on the stock in a research report on Friday, November 8th. Deutsche Bank boosted their price objective on shares of Green Dot from $30.00 to $35.00 and gave the company a “hold” rating in a research report on Tuesday, February 4th. ValuEngine upgraded shares of Green Dot from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 7th. Needham & Company LLC restated a “buy” rating and issued a $30.00 price objective on shares of Green Dot in a research report on Thursday, December 19th. Finally, Guggenheim cut shares of Green Dot from a “buy” rating to a “neutral” rating in a research report on Monday, November 11th. Nine research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $37.92.
Shares of GDOT stock traded up $0.22 during mid-day trading on Friday, reaching $33.74. The stock had a trading volume of 16,847 shares, compared to its average volume of 1,416,122. The stock’s 50-day moving average price is $27.55 and its two-hundred day moving average price is $28.01. Green Dot has a 52-week low of $21.97 and a 52-week high of $76.22. The firm has a market capitalization of $1.72 billion, a PE ratio of 16.45 and a beta of 0.85. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.03.
Green Dot Company Profile
Green Dot Corporation operates as a financial technology and bank holding company in the United States. It operates in two segments, Account Services, and Processing and Settlement Services. The company offers deposit account programs, such network-branded reloadable prepaid debit cards under the consumer brand names of GPR cards, consumer and small business checking accounts, network-branded gift cards, secured credit cards, and other financial services.
Further Reading: S&P/ASX 200 Index
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