Atlanticus (NASDAQ:ATLCP) Trading Down 0.8% – Here’s Why

Atlanticus Holdings Co. (NASDAQ:ATLCPGet Free Report) shares fell 0.8% on Monday . The stock traded as low as $24.27 and last traded at $24.41. 715 shares were traded during mid-day trading, a decline of 88% from the average session volume of 6,163 shares. The stock had previously closed at $24.61.

Atlanticus Price Performance

The firm’s 50 day moving average price is $24.51 and its 200-day moving average price is $24.20.

Atlanticus Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Sunday, March 1st will be given a $0.4766 dividend. This represents a $1.91 annualized dividend and a yield of 7.8%. The ex-dividend date is Friday, February 27th.

Atlanticus Company Profile

(Get Free Report)

Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.

Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.

Featured Articles

Receive News & Ratings for Atlanticus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlanticus and related companies with MarketBeat.com's FREE daily email newsletter.