Zacks Investment Research downgraded Regional Management Corp (NYSE:RM) to Hold in a report released today.
- Updated: October 2, 2016
Zacks Investment Research has downgraded Regional Management Corp (NYSE:RM) to Hold in a report released on 9/28/2016.
Just yesterday Regional Management Corp (NYSE:RM) traded 2.03% higher at $21.66. Regional Management Corp’s 50-day moving average is $21.07 and its 200-day moving average is $17.84. The last closing price is up 21.34% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 80,485 shares of RM traded hands, up from an average trading volume of 79,969
Recent Performance Chart
Regional Management Corp has 52 week low of $11.77 and a 52 week high of $22.44 with a PE ratio of 11.09 and has a market capitalization of $0.
Brief Synopsis On Regional Management Corp (NYSE:RM)
Regional Management Corp. is a diversified specialty consumer finance company. The Company provides a range of loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies and other traditional lenders. Its products include small loans, large loans, automobile loans, retail loans and optional credit insurance products. The Company operates offices in over 300 locations in the states of Alabama, Georgia, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee and Texas under the names Regional Finance, RMC Financial Services, Anchor Finance and RMC Retail. The loan products are secured, structured on a fixed rate, fixed term basis with fully amortizing equal monthly installment payments and repayable at any time without penalty. Its loans are sourced through multiple channel platforms, including its branches, direct mail campaigns, independent and franchise automobile dealerships, retailers, and the consumer Website.
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