Stock Worth Watching: Today Enova International Inc Stock Reaches 52-Week High

Stock Worth Watching: Today Enova International Inc Stock Reaches 52 Week High

The stock of Enova International Inc (NYSE:ENVA) hit a new 52-week high and has $34.57 target or 193.00% above today’s $11.80 share price. The 6 months bullish chart indicates low risk for the $391.93 million company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $34.57 price target is reached, the company will be worth $756.42 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 156,882 shares traded hands. Enova International Inc (NYSE:ENVA) has risen 87.70% since April 19, 2016 and is uptrending. It has outperformed by 83.84% the S&P500.

Enova International Inc (NYSE:ENVA) Ratings Coverage

Out of 5 analysts covering Enova International Inc (NYSE:ENVA), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Enova International Inc has been the topic of 9 analyst reports since August 6, 2015 according to StockzIntelligence Inc. As per Friday, January 15, the company rating was initiated by Janney Capital. The rating was initiated by Jefferies with “Buy” on Thursday, September 1. The firm earned “Mkt Perform” rating on Wednesday, September 2 by FBR Capital. The rating was initiated by Macquarie Research on Thursday, May 26 with “Neutral”. FBR Capital maintained the stock with “Mkt Perform” rating in Friday, February 5 report. As per Friday, October 28, the company rating was maintained by FBR Capital. FBR Capital maintained Enova International Inc (NYSE:ENVA) rating on Friday, April 29. FBR Capital has “Mkt Perform” rating and $8.50 price target. The firm has “Market Outperform” rating by JMP Securities given on Tuesday, September 13.

According to Zacks Investment Research, “Enova International, Inc. is a provider of online financial services. It offers loans to customers in the United States and in the United Kingdom, Australia and Canada. The Company’s customers include consumers who have bank accounts but use alternative financial credit services because of their limited access to more traditional consumer credit from banks, thrifts, credit card companies and other lenders. Enova International, Inc is headquartered in Chicago.”

More recent Enova International Inc (NYSE:ENVA) news were published by: Quotes.Wsj.com which released: “News Enova International Inc.ENVA” on November 13, 2014. Also Bizjournals.com published the news titled: “EXCLUSIVE: One of Cincinnati’s fastest-growing companies gets acquired” on August 18, 2015. Chicagobusiness.com‘s news article titled: “Fast-growing Internet lender Enova going public next month” with publication date: October 24, 2014 was also an interesting one.

ENVA Company Profile

Enova International, Inc (Enova), incorporated on September 7, 2011, is a well-known provider of online financial services to non-prime clients and small businesses, providing access to credit powered by its advanced analytics, technology, and online platform and services. Enova has provided over four million clients around the globe access to more than $17 billion in loans and financing. The financial technology firm has a portfolio of trusted brands serving consumers, including CashNetUSA, DollarsDirect, NetCredit, On Stride Financial, Pounds to Pocket, QuickQuid and Simplic; two brands serving small businesses, Headway Capital and The Business Backer, and offers online lending platform services to lenders. Through its Enova Decisions brand, it also delivers on-demand decision-making technology and real-time predictive analytics services to clients.

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