Cindy Usprech Sells 5,600 Shares of Propel Holdings Inc. (TSE:PRL) Stock

Propel Holdings Inc. (TSE:PRL) Senior Officer Cindy Usprech sold 5,600 shares of the stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $36.13, for a total transaction of $202,345.92.

Cindy Usprech also recently made the following trade(s):

• On Monday, November 18th, Cindy Usprech sold 859 shares of Propel stock. The shares were sold at an average price of $38.30, for a total value of $32,899.70.

Propel Stock Down 1.4 %

Shares of Propel stock opened at $36.85 on Friday. The firm’s 50-day moving average price is $36.38 and its two-hundred day moving average price is $29.84. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 25.77 and a beta of 1.75. Propel Holdings Inc. has a 12-month low of $12.10 and a 12-month high of $40.88.

Propel Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 4th. Investors of record on Wednesday, December 4th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.63%. This is a boost from Propel’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Friday, November 15th. Propel’s dividend payout ratio (DPR) is 39.16%.

Analyst Ratings Changes

Several analysts recently issued reports on PRL shares. Ventum Cap Mkts upgraded Propel to a “strong-buy” rating in a research note on Tuesday, October 8th. Raymond James upped their price target on shares of Propel from C$40.00 to C$47.00 in a research note on Monday, November 18th. Eight Capital lifted their price objective on shares of Propel from C$38.00 to C$45.00 in a research note on Friday, November 8th. Stephens upgraded shares of Propel to a “strong-buy” rating in a research report on Wednesday, November 13th. Finally, Canaccord Genuity Group upgraded shares of Propel to a “strong-buy” rating in a research report on Friday, October 4th. One equities research analyst has rated the stock with a hold rating, one has given a buy rating and three have issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $41.00.

About Propel

Propel Holdings Inc operates as a financial technology company. The company’s lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services.