We have been following EZCORP, Inc. (EZPW) for close to six months. During that period, our opinion on its future performance has improved thus giving us a buy signal.
EZCORP, Inc. provides specialty consumer financial services. The company offers pawn loans on personal property, including jewelry, consumer electronics, tools, sporting goods, and musical instruments.
The following are a few observations that may prove to be positive signs for EZPW:
Improving chart pattern
Stock price ready to rise above the 50 day moving average (now at 31.28)
P/E at 12 Average daily volume at 295,000 (a bit low for my taste)
Earnings pre share have risen for over the past seven years
Low debt
Selling this morning at 30.69, I feel this is a good entry point for the stock.
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