Elevate Credit, Inc. (ELVT), a Financial Services Credit Services corporation, saw its stock trade 5.60 common shares, an increase against to its 10-day trading volume of 321.31k.
Elevate Credit, Inc. (ELVT) stock is trading at $5.60, up -0.01 cents or -0.18% on the day. Based on this we can see some traders are either waiting on the sidelines to get involved or perhaps some are taking profits.
Elevate Credit Inc (NYSE:ELVT) insider David Curry Peterson sold 1,991 shares of the company’s stock in a transaction that occurred on Tuesday, January 28th. The stock was sold at an average price of $5.23, for a total value of $10,412.93.
Total Revenue for Elevate Credit, Inc. (ELVT) is $767.33M, Gross Profit is $270.74M and the EBITDA is $123.99M.
Elevate Credit, Inc. (ELVT) Key Technicals:
The average 10-day trading volume of Elevate Credit, Inc. (ELVT) is 321.31k compared to 148.72k over the last 3 months which indicates an an increase in trading activity. Right now, Elevate Credit, Inc. (ELVT) has a 50-day moving average of $4.55 and a 200-day moving average of $4.37. These moving averages are popular technical indicators which investors use to analyze price trends of Elevate Credit, Inc. (ELVT).
Approximately 1.12% of the shares of the company are short sold from traders betting the stock might trade lower. The beta value on Elevate Credit, Inc. (ELVT) stock is 1.36, indicating its 6.59% to 3.40% more volatile than the overall marketplace.
Technically, ELVT’s short term support levels are around $5.28, $5.11 and $4.71 on the downside. Based on technical analysis, ELVT has short term rating of Bullish (0.48), Intermediate rating of Very Bullish (0.55) and long-term rating of Bullish (0.41) giving it an overall rating of Bullish (0.48).
ELVT is trading 51.21% off its 52 week low at $3.71 and -2.59% off its 52 week high of $5.76. Performance wise, ELVT stock has recently shown investors an 19.62% an increase in a week, 26.07% an increase in a month and 32.31% an increase in the past quarter.
Furthermore, Elevate Credit, Inc. (ELVT) has shown a return of 26.07% since start of the year.
Elevate Credit, Inc. (ELVT) Key Statistics:
Elevate Credit, Inc. (ELVT)is a micro-cap company with a market cap value of $247.285M. ELVT insiders hold roughly 24.60% of the shares.
On Feb-22-19 UBS Downgrade ELVT as Buy → Neutral. On Jul-16-19 BTIG Research Resumed ELVT as Buy at $6 and on Jan-06-20 Stephens Downgrade ELVT as Equal-Weight → Underweight.
There are currently 33.32M shares in the float and 43.96M shares outstanding. There is 1.12% shares short in ELVTs float. The industry rank for Elevate Credit, Inc. (ELVT) is 195 out of 255 ranking it at the Bottom 24%.
Elevate Credit, Inc. (ELVT) Fundamental :
ELVT last 2 years revenues have decreased from $786,682 to $767,330 showing a downtrend. Wall street expects Elevate Credit, Inc. (ELVT) to report an EPS next Qtr profit of 0.16 and a profit of 22.81% next year.
The growth rate on ELVT this year is 146.43 compared to an industry 12.30. However, ELVTs next year growth rate is 21.74 compared to an industry 2.10.
The book value per share (mrq) is 3.30 and cash per share (mrq) is 1.76. Giving them a price/book (mrq) of 1.70 compared to an industry of 1.09 and ELVTs price/cash flow (mrfy) is 6.31 compared to an industry of 5.99.
ELVT fundamental ratios shows an EPS growth vs. previous year 0.69 and EPS growth vs. previous quarter 0.17.
About Elevate Credit, Inc. (ELVT):
Elevate Credit, Inc. offer online credit solutions to non-prime consumers. The Company offers online installment loans and lines of credits. Its products include credit building, financial wellness programs, credit reporting, free credit monitoring and online financial literacy videos and tools. Elevate Credit, Inc. is based in Forth Worth, United States.