World Acceptance (NASDAQ:WRLD) Stock Crosses Above Two Hundred Day Moving Average - Time to Sell?

Shares of World Acceptance Co. (NASDAQ:WRLD - Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $118.37 and traded as high as $146.03. World Acceptance shares last traded at $144.53, with a volume of 25,781 shares changing hands.

Wall Street Analysts Forecast Growth

WRLD has been the topic of several recent research reports. Stephens began coverage on shares of World Acceptance in a research report on Wednesday, November 13th. They issued an "equal weight" rating and a $10.00 price objective on the stock. StockNews.com raised shares of World Acceptance from a "buy" rating to a "strong-buy" rating in a report on Monday, January 13th.

Get Our Latest Report on World Acceptance

World Acceptance Price Performance

The company has a debt-to-equity ratio of 1.31, a current ratio of 22.46 and a quick ratio of 19.53. The business has a fifty day moving average of $122.52 and a 200 day moving average of $118.37. The stock has a market cap of $831.05 million, a PE ratio of 10.09 and a beta of 1.46.

World Acceptance (NASDAQ:WRLD - Get Free Report) last announced its quarterly earnings data on Tuesday, January 28th. The credit services provider reported $2.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $1.22. World Acceptance had a return on equity of 19.03% and a net margin of 14.41%. Sell-side analysts anticipate that World Acceptance Co. will post 14 earnings per share for the current year.

Insider Activity

In related news, SVP Alice Lindsay Caulder sold 600 shares of World Acceptance stock in a transaction on Friday, January 31st. The shares were sold at an average price of $139.81, for a total value of $83,886.00. Following the transaction, the senior vice president now owns 8,524 shares in the company, valued at $1,191,740.44. This trade represents a 6.58 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 43.20% of the company's stock.

Hedge Funds Weigh In On World Acceptance

Several hedge funds and other institutional investors have recently modified their holdings of WRLD. Proficio Capital Partners LLC acquired a new position in World Acceptance during the 4th quarter worth $1,504,000. Millennium Management LLC boosted its holdings in World Acceptance by 125.2% in the second quarter. Millennium Management LLC now owns 22,184 shares of the credit services provider's stock valued at $2,741,000 after acquiring an additional 12,333 shares during the last quarter. JPMorgan Chase & Co. increased its position in World Acceptance by 49.6% in the third quarter. JPMorgan Chase & Co. now owns 21,774 shares of the credit services provider's stock worth $2,569,000 after purchasing an additional 7,223 shares during the period. PDT Partners LLC bought a new stake in World Acceptance during the 3rd quarter worth about $830,000. Finally, Barclays PLC raised its holdings in World Acceptance by 282.9% during the 3rd quarter. Barclays PLC now owns 7,657 shares of the credit services provider's stock worth $903,000 after purchasing an additional 5,657 shares during the last quarter. Institutional investors own 83.63% of the company's stock.

World Acceptance Company Profile

World Acceptance Corporation engages in consumer finance business in the United States. The company provides short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It offers income tax return preparation and filing services; and automobile club memberships.

See Also

• Five stocks we like better than World Acceptance
• What Are Growth Stocks and Investing in Them
• Merck: 4 No-Brainer Reasons to Buy This Dip
• Growth Stocks: What They Are, Examples and How to Invest
• Ackman Announces Major Stake in Uber: Should You Follow His Lead?
• Manufacturing Stocks Investing
• Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

Should You Invest $1,000 in World Acceptance Right Now?

Before you consider World Acceptance, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and World Acceptance wasn't on the list.

While World Acceptance currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here