Company Shares of Rent-A-Center (NASDAQ:RCII) Drops by -0.94%

Rent-A-Center (NASDAQ:RCII) has risen sharply, recording gains of 1.94% in the past 4 weeks. However, the stock has corrected -0.94% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.32% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The company shares have dropped -55.90% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $29.66 and the one year low was seen on Feb 2, 2016. The 50-Day Moving Average price is $12.48 and the 200 Day Moving Average price is recorded at $13.46.

The stock has recorded a 20-day Moving Average of 4.06% and the 50-Day Moving Average is 1.1%.


Rent-A-Center (NASDAQ:RCII): stock turned positive on Friday. Though the stock opened at $12.53, the bulls momentum made the stock top out at $12.81 level for the day. The stock recorded a low of $12.22 and closed the trading day at $12.64, in the green by 2.76%. The total traded volume for the day was 626,353. The stock had closed at $12.3 in the previous days trading.

In an insider trading activity, Jackson Jeffery M, director of Rent A Center Inc De had purchased 1,400 shares on May 2, 2016 in a transaction. The price per share was $14.87 and the total amount of the disclosed transaction was $20,818.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.

Rent-A-Center, Inc. is a rent-to-own operator in North America. The Company provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers (including tablets and smartphones), furniture and accessories, under rental purchase agreements. The Company operates in four segments: Core U.S., Acceptance Now, Mexico, and Franchising. The Company offers brands, such as LG, Samsung, Sony, Toshiba and Vizio home electronics; Whirlpool appliances; Acer, Apple, Asus, Dell, Hewlett-Packard, Samsung, Sony and Toshiba computers and/or tablets; Samsung and HTC smartphones; and Albany, Ashley, England, Klaussner, Lane, Standard and Welton furniture. Consumer electronic products offered by its stores include high definition televisions and stereos, among others; appliances include refrigerators, freezers, washing machines, dryers and ranges; furniture products include dining room, living room and bedroom furniture and accessories include lamps and tables.

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