World Acceptance Stock Hits New 52-Week High (WRLD)

NEW YORK ( TheStreet) -- World Acceptance Corporation (Nasdaq: WRLD) hit a new 52-week high Friday as it traded at $65.94 compared with its previous 52-Week high of $65.92. World Acceptance is changing hands at $65.62 with 1,679 shares traded as of 9:32 a.m. ET. Average volume has been 172,400 shares over the past 30 days.

World Acceptance has a market cap of $1 billion and is part of the financial sector and financial services industry. Shares are up 23.5% year to date as of the close of trading on Thursday.

World Acceptance Corporation engages in small-loan consumer finance business. It offers short-term small loans, medium-term larger loans, related credit insurance, and ancillary products and services, as well as loans standardized by amount and maturity. The company has a P/E ratio of 12.3, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 16.4.
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TheStreet Ratings rates World Acceptance as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full World Acceptance Ratings Report.

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