World Acceptance Corporation (WRLD) Weighs on Financial Sector, Stock Falls 6.07% on September 13

World Acceptance Corporation (WRLD) was one of the weakest stocks in the financial sector of the NYSE and NASDAQ listed companies on September 13, skidding 6.07% to close the day at $45.33 after closing the day prior at $48.26. Throughout the day, shares of WRLD traded as high as $48.18 and as low as $44.65. Today's decline came with about 238,985 shares changing hands, compared to an average 30-day volume of 145,855 for World Acceptance Corporation. The price is currently below the 30-day volume weighted average price of $45.7 for WRLD. The share depreciation gives the company a market capitalization of $424.23 million based upon 8.79 million shares outstanding. It also means that WRLD has a price-to-book ratio of 1.05:1. In the past 52 weeks, shares of WRLD have traded as low as $25.3 and as high as $55.43. Technical traders will take note that at $45.33, shares of WRLD are trading above their 200-day MA at $40.83 and below their 50-day MA at $48.13. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding below them is typically regarded as bearish. Who is WRLD? World Acceptance Corp is a small-loan consumer finance company. It provides short-term small loans, medium-term larger loans, related credit insurance products and ancillary products and services to individuals. The company's 4436 employees are led by CEO Janet Lewis Matricciani from the corporate headquarters at 108 Frederick Street in Greenville, SC. For more information on WRLD and other companies trading on the major exchanges, as well as the over the counter markets, or to be considered for contributing content for our distribution network, visit FinancialPress.com today. All data provided by QuoteMedia, with stock data accurate as of 4:00 PM ET. FinancialPress.com is not responsible for inaccuracies in third-party supplied information. About FinancialPress.com FinancialPress.com is a leading publisher of market and investment news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the financial markets and global economies. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications, market exposure and investment. A complete disclaimer can be viewed here.


Source: Financial Press News (September 14, 2016 - 5:56 PM EDT) News by QuoteMedia
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World Acceptance Corporation published this content on 14 September 2016 and is solely responsible for the information contained herein.
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