goeasy Ltd. (OTCMKTS:EHMEF) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of goeasy Ltd. (OTCMKTS:EHMEF) have earned a consensus recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company.

EHMEF has been the topic of several analyst reports. TD Securities lowered goeasy to a “hold” rating in a research note on Monday. Royal Bank Of Canada initiated coverage on goeasy in a research note on Wednesday, October 1st. They issued a “sector perform” rating on the stock. Scotiabank upgraded goeasy from a “sector perform” rating to an “outperform” rating in a research report on Thursday, October 16th. Finally, Raymond James Financial cut goeasy from an “outperform” rating to a “market perform” rating in a report on Tuesday, December 2nd.

goeasy Trading Down 5.6%

Shares of goeasy stock opened at $91.00 on Wednesday. The firm’s 50-day simple moving average is $92.96 and its 200-day simple moving average is $118.31. goeasy has a twelve month low of $84.80 and a twelve month high of $156.15.

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.