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

Propel Holdings Inc. (TSE:PRL) Senior Officer Cindy Usprech sold 5,600 shares of the firm’s stock in a transaction dated Friday, December 20th. The stock was 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 transaction of $32,899.70.

Propel Price Performance

Propel stock opened at $36.85 on Monday. Propel Holdings Inc. has a 12 month low of $12.10 and a 12 month high of $40.88. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 25.77 and a beta of 1.75. The stock’s 50-day moving average is $36.38 and its 200-day moving average is $29.84.

Propel Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 4th. Shareholders of record on Wednesday, December 4th were given a dividend of $0.15 per share. 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 payout ratio is 39.16%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on PRL shares. Scotiabank downgraded Propel from a “strong-buy” rating to a “hold” rating in a report on Friday, November 8th. Eight Capital increased their target price on Propel from C$38.00 to C$45.00 in a research report on Friday, November 8th. Ventum Financial set a C$38.00 price target on Propel and gave the company a “buy” rating in a report on Wednesday, October 9th. Raymond James increased their price objective on shares of Propel from C$40.00 to C$47.00 in a report on Monday, November 18th. Finally, Stephens upgraded shares of Propel to a “strong-buy” rating in a report on Wednesday, November 13th. One 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 an average target price of $41.00.

Propel Company Profile

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.