Enova International Inc.: The Winning Streak Continues (ENVA)

March 8, 2021 13:13:58

Shares of Enova International Inc. (NYSE:ENVA) traded at a new 52-week high today of $36.20. So far today approximately 209,000 shares have been exchanged, as compared to an average 30-day volume of 481,000 shares.

Enova International Inc. (NYSE:ENVA) defies analysts with a current price ($36.00) 1.5% above its average consensus 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.

Over the past year, Enova International Inc. has traded in a range of $7.84 to $36.20 and is now at $36.00, 359% above that low.

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