EZCORP Inc (EZPW) is Upgraded by Wells Fargo to Outperform

EZCORP Inc (EZPW) was Upgraded by Wells Fargo to ” Outperform”. Earlier the firm had a rating of “Market Perform ” on the company shares. Wells Fargo advised their investors in a research report released on Jul 7, 2016.

EZCORP Inc closed down -0.2 points or -2.63% at $7.4 with 5,05,138 shares getting traded on Tuesday. Post opening the session at $7.61, the shares hit an intraday low of $7.26 and an intraday high of $7.66 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

EZCORP Inc. is engaged in delivering instant cash solutions to customers across channels products services and markets. The Company offers customers multiple ways to access instant cash through approximately 1400 locations and branches across the United States Mexico Canada and the United Kingdom. Products are offered through four primary channels: in-store online worksite and through a mobile platform. It provides a variety of instant cash solutions including collateralized non-recourse loans known as pawn loans and a variety of short-term consumer loans including single-payment and multiple-payment unsecured loans and single-payment and multiple payment auto title loans. In some United States locations (primarily in Texas) the Company does not offer loan products themselves but rather offer credit services to help customers obtain loans from independent third-party lenders.


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