World Acceptance Reaches New 52-Week High (WRLD)

NEW YORK ( TheStreet) -- World Acceptance Corporation (Nasdaq: WRLD) hit a new 52-week high Tuesday as it is currently trading at $68.52, above its previous 52-week high of $68.45 with 29,107 shares traded as of 10:39 a.m. ET. Average volume has been 155,900 shares over the past 30 days.

World Acceptance has a market cap of $1.1 billion and is part of the financial sector and financial services industry. Shares are up 28% year to date as of the previous trading day's close.

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 11.9, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 16.2.
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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, impressive record of earnings per share growth, solid stock price performance and notable return on equity. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full World Acceptance Ratings Report.

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