World Acceptance Reaches New 52-Week High (WRLD)

NEW YORK ( TheStreet) -- World Acceptance Corporation (Nasdaq: WRLD) hit a new 52-week high Thursday as it is currently trading at $69.49, above its previous 52-week high of $69.31 with 42,156 shares traded as of 10:23 a.m. ET. Average volume has been 200,600 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 27.6% year to date as of the close of trading on Wednesday.

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 17.7.
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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, good cash flow from operations and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full World Acceptance Ratings Report.

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