goeasy (OTCMKTS:EHMEF) Trading 2.4% Higher – Time to Buy?

goeasy Ltd. (OTCMKTS:EHMEF)’s share price was up 2.4% on Tuesday . The company traded as high as $94.53 and last traded at $94.53. Approximately 33,280 shares traded hands during mid-day trading, an increase of 424% from the average daily volume of 6,351 shares. The stock had previously closed at $92.30.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on EHMEF. Raymond James Financial downgraded goeasy from an “outperform” rating to a “market perform” rating in a research report on Tuesday, December 2nd. Royal Bank Of Canada assumed coverage on goeasy in a report on Wednesday, October 1st. They issued a “sector perform” rating on the stock. Finally, Scotiabank raised goeasy from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 16th. Four research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

goeasy Stock Performance

The business has a 50-day moving average of $99.23 and a two-hundred day moving average of $120.85.

About goeasy

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.