Credit Corp Group (ASX:CCP) Hits New 52-Week High at $30.53

Credit Corp Group Limited (ASX:CCP) shares hit a new 52-week high during trading on Thursday . The company traded as high as A$30.53 ($21.65) and last traded at A$30.40 ($21.56), with a volume of 149531 shares. The stock had previously closed at A$29.83 ($21.16).

The company has a quick ratio of 4.88, a current ratio of 4.96 and a debt-to-equity ratio of 30.78. The stock has a market cap of $1.64 billion and a PE ratio of 21.53. The business has a 50 day moving average price of A$27.84 and a 200 day moving average price of A$25.23.

In other Credit Corp Group news, insider Robert Shaw sold 1,000 shares of the stock in a transaction that occurred on Tuesday, August 20th. The stock was sold at an average price of A$27.75 ($19.68), for a total transaction of A$27,750.00 ($19,680.85). Also, insider John Nesbitt purchased 2,792 shares of the stock in a transaction on Tuesday, October 1st. The shares were acquired at an average price of A$29.97 ($21.26) per share, for a total transaction of A$83,676.24 ($59,344.85). Insiders sold 64,955 shares of company stock worth $1,860,434 in the last 90 days.

About Credit Corp Group (ASX:CCP)

Credit Corp Group Limited provides debt purchase and collection, and consumer lending services in Australia and the United States. It operates through three segments: Debt Ledger Purchasing (Australia), Debt Ledger Purchasing (United States), and Consumer Lending. The company offers debt sale, contingency/agency collection, hardship and insolvency management, and local government debt recovery services, as well as various loan products.

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