Shares of Enova International Inc. (ENVA) Have Risen Above Previous 52-Week High

March 9, 2021 12:28:56

Shares of Enova International Inc. (NYSE:ENVA) traded at a new 52-week high today of $36.81. Approximately 159,000 shares have changed hands today, as compared to an average 30-day volume of 483,000 shares.

Based on a current price of $36.57, Enova International Inc. is currently 3.0% above its average consensus analyst price target of $35.46.

Enova International Inc provides online financial services, including short-term consumer loans, line of credit accounts, and installment loans to customers primarily in the United States and the United Kingdom. Consumers apply for credit online, receive a decision almost immediately, and can receive funds within one day. Enova acts as either the lender or a third-party facilitator between borrowers and other lenders. The company earns revenue from interest income, finance charges, and other fees, including fees on the transactions between borrowers and third-party lenders. Nearly 80% of all revenue comes from the United States. The company realizes similar amounts of revenue from each of its three different products: short-term loans, lines of credit, and installment loans.

In the past 52 weeks, shares of Enova International Inc. have traded between a low of $7.84 and a high of $36.81 and is now at $36.57, which is 366% above that low price.

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