At the end of the latest market close, Encore Capital Group Inc. (ECPG) was valued at $61.88. In that particular session, Stock kicked-off at the price of $61.73 while reaching the peak value of $64.855 and lowest value recorded on the day was $61.73. The stock current value is $63.97.Recently in News on December 9, 2021, Encore Capital Group Announces Final Results of Tender Offer. Encore Capital Group, Inc. (NASDAQ: ECPG) (“Encore”) announced today the final results of its modified “Dutch auction” tender offer to purchase with cash up to $300 million of shares (the “shares”) of its common stock (the “common stock”) which expired one minute after 11:59 P.M. (New York City time) on December 2, 2021. You can read further details here
Encore Capital Group Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $64.86 on 01/13/22, with the lowest value was $59.46 for the same time period, recorded on 01/11/22.
Encore Capital Group Inc. (ECPG) full year performance was 92.39%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Encore Capital Group Inc. shares are logging 1.35% during the 52-week period from high price, and 119.00% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $29.21 and $63.12.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1341961 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Encore Capital Group Inc. (ECPG) recorded performance in the market was 2.99%, having the revenues showcasing 24.72% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.90B, as it employees total of 7725 workers.
Market experts do have their say about Encore Capital Group Inc. (ECPG)
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 54.54, with a change in the price was noted +17.37. In a similar fashion, Encore Capital Group Inc. posted a movement of +37.27% for the period of last 100 days, recording 331,998 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for ECPG is recording 2.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 2.00.
Technical breakdown of Encore Capital Group Inc. (ECPG)
Raw Stochastic average of Encore Capital Group Inc. in the period of last 50 days is set at 93.12%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 87.96%. In the last 20 days, the company’s Stochastic %K was 77.74% and its Stochastic %D was recorded 68.26%.
Bearing in mind the latest performance of Encore Capital Group Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 2.99%. Additionally, trading for the stock in the period of the last six months notably improved by 37.57%, alongside a boost of 92.39% for the period of the last 12 months. The shares increased approximately by 5.27% in the 7-day charts and went down by 9.56% in the period of the last 30 days. Common stock shares were driven by 24.72% during last recorded quarter.