The stock of IOU Financial Inc (CVE:IOU) is a huge mover today! About 50,000 shares traded hands or 39.69% up from the average. IOU Financial Inc (CVE:IOU) has risen 6.00% since September 19, 2016 and is uptrending. It has outperformed by 0.46% the S&P500.
The move comes after 7 months positive chart setup for the $19.53M company. It was reported on Oct, 19 by Barchart.com. We have $0.58 PT which if reached, will make CVE:IOU worth $24.02 million more.
More important recent IOU Financial Inc (CVE:IOU) news were published by: Prweb.com which released: “IOU Financial Partners With RestaurantLink Providing Restaurants Quick Access …” on September 12, 2016, also Prweb.com published article titled: “IOU Financial Offers Small Business Loans in Canada”, Reuters.com published: “BRIEF-Iou Financial eliminates chief technology officer position” on September 22, 2016. More interesting news about IOU Financial Inc (CVE:IOU) was released by: Prweb.com and their article: “IOU Central Endorsed by Kevin O’Leary, Partners with O’Leary Financial Group” with publication date: September 29, 2014.
IOU Financial Inc. operates an Internet lending platform in the United States for owner-operated businesses with daily sales, such as medical and dental practices, grocery and retail stores, restaurants and hotels, franchisees and e-commerce companies, through its subsidiary, IOU Central Inc. (IOC USA). The company has a market cap of $19.53 million. The Firm allows these businesses to apply for approximately six, nine, 12, 15 and 18 month loans. It currently has negative earnings. The Firm operates through activities, such as lending and servicing.
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