goeasy (OTCMKTS:EHMEF) Shares Down 1.5% – Here’s What Happened

Shares of goeasy Ltd. (OTCMKTS:EHMEF) dropped 1.5% on Monday . The company traded as low as $33.30 and last traded at $33.38. Approximately 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.

Analyst Upgrades and Downgrades

EHMEF has been the topic of several recent analyst reports. Scotiabank lowered goeasy from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, April 28th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of goeasy in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold”.

goeasy Trading Down 1.5%

The firm’s fifty day moving average price is $27.89 and its two-hundred day moving average price is $51.46.

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.