goeasy (OTCMKTS:EHMEF) Stock Price Down 1.5% – What’s Next?

goeasy Ltd. (OTCMKTS:EHMEF) shares traded down 1.5% during mid-day trading on Monday . The stock traded as low as $33.30 and last traded at $33.38. 3,808 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 18,487 shares. The stock had previously closed at $33.89.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of goeasy in a research report on Thursday, May 14th. Scotiabank downgraded shares of goeasy from an “outperform” rating to a “sector perform” rating in a research report on Tuesday, April 28th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, goeasy presently has an average rating of “Hold”.

goeasy Price Performance

The company has a 50 day moving average price of $28.11 and a 200 day moving average price of $51.04.

goeasy Company Profile

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.