Elevate Credit Inc. (NYSE:ELVT) traded at a new 52-week high today of $4.90. This new high was reached on approximately average trading volume as 376,000 shares traded hands, while the average 30-day volume is approximately 341,000 shares.
Elevate Credit Inc. (NYSE:ELVT) is currently priced 16.8% above its average consensus analyst price target of $4.01.
In the past 52 weeks, Elevate Credit Inc. share prices are bracketed by a low of $0.89 and a high of $4.90 and is now at $4.83, 442% above that low price.
Elevate Credit Inc provides online credit solutions. The company provides credit to non-prime consumers, many of whom face reduced credit options and increased financial pressure due to macroeconomic changes over the past few decades. It has one reportable segment, which provides online financial services for subprime credit consumers, which is composed of the company’s operations in the United States and the United Kingdom. The company derives most of its revenue from the United States.
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