Zacks Investment Research downgraded Rent-A-Center Inc (NASDAQ:RCII) to Strong Sell in a report released today.
- Updated: October 13, 2016
Yesterday Rent-A-Center Inc (NASDAQ:RCII) traded -1.83% lower at $9.55. The company’s 50-day moving average is $12.38 and its 200-day moving average is $13.00. The last stock close price is down -27.89% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 400,598 shares of the stock were exchanged, down from an average trading volume of 994,892
Zacks Investment Research has downgraded Rent-A-Center Inc (NASDAQ:RCII) to Strong Sell in a report released on 10/13/2016.
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Rent-A-Center Inc has a 52 week low of $8.00 and a 52 week high of $26.26 The company’s market cap is currently $0.
About Rent-A-Center Inc (NASDAQ:RCII)
Rent-A-Center, Inc. is a rent-to-own operator in North America. The Company provides an opportunity to obtain ownership of products, such as consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories), under rental purchase agreements. The Company operates in four segments: Core U.S., Acceptance Now, Mexico and Franchising. Its Core U.S. and Mexico stores generally offer merchandise from over five basic product categories: consumer electronics, appliances, computers (including tablets), smartphones and furniture (including accessories). The Acceptance Now segment provides an on-site rent-to-own option at a third-party retailer's location. Its Franchising segment engages in the sale of rental merchandise to its franchisees who, in turn, offer the merchandise to the general public for rent or purchase under a rent-to-own transaction. It offers brands, such as LG, Frigidaire, Acer, Apple, Asus, Samsung, Ashley, Powell and Standard.
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