Credit Corp Group (ASX:CCP) Hits New 52-Week High at $37.69

Credit Corp Group Limited (ASX:CCP) reached a new 52-week high on Sunday . The stock traded as high as A$37.69 ($26.73) and last traded at A$37.28 ($26.44), with a volume of 7155 shares trading hands. The stock had previously closed at A$37.28 ($26.44).

The company has a debt-to-equity ratio of 53.13, a current ratio of 4.40 and a quick ratio of 4.31. The company’s 50 day moving average is A$34.02 and its two-hundred day moving average is A$30.84. The firm has a market cap of $2.02 billion and a P/E ratio of 26.12.

The business also recently announced a Interim dividend, which will be paid on Friday, March 13th. Investors of record on Friday, March 13th will be paid a $0.36 dividend. This represents a dividend yield of 1.05%. The ex-dividend date of this dividend is Monday, March 2nd. Credit Corp Group’s payout ratio is presently 51.10%.

In related news, insider Trudy Vonhoff bought 1,100 shares of Credit Corp Group stock in a transaction that occurred on Tuesday, February 4th. The stock was acquired at an average price of A$35.41 ($25.11) per share, for a total transaction of A$38,949.90 ($27,624.04). Also, insider Donald (Don) McLay sold 35,000 shares of the stock in a transaction dated Tuesday, February 11th. The shares were sold at an average price of A$36.75 ($26.06), for a total transaction of A$1,286,180.00 ($912,184.40). In the last quarter, insiders sold 60,000 shares of company stock valued at $2,112,600.

Credit Corp Group Company Profile (ASX:CCP)

Credit Corp Group Limited provides debt purchase and collection, and consumer lending services in Australia and the United States. It operates through three segments: Debt Ledger Purchasing (Australia), Debt Ledger Purchasing (United States), and Consumer Lending. The company offers debt sale, contingency/agency collection, hardship and insolvency management, and local government debt recovery services, as well as various loan products.

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