Elevate Credit Inc. Shares Close the Week 25.3% Lower - Weekly Wrap

The company saw its shares close the week 25.3% lower than last week, with trading volume higher than its 30 day average.

Mar 26, 2021 by Kwhen Finance Editors

Elevate Credit Inc. Shares Close the Week 25.3% Lower - Weekly Wrap
Elevate Credit Inc. shares closed this week 25.3% lower than it did at the end of last week. The stock is currently down 22.3% year-to-date, up 144.1% over the past 12 months, and down 60.1% over the past five years. This week, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 1.7%.

Trading Activity

  • Shares traded as high as $4.17 and as low as $2.68 this week.
  • Shares closed 4e+1% below its 52-week high and 2e+2% above its 52-week low.
  • Trading volume this week was 55.8% lower than the 10-day average and 48.2% lower than the 30-day average.
  • Beta, a measure of the stock’s volatility relative to the overall market stands at 1.9.

Technical Indicators

  • The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
  • MACD, a trend-following momentum indicator, indicates a downward trend.
  • The stock closed below its Bollinger band, indicating it may be oversold.
  • The stock closed at 13.6% lower than its 5-day moving average, 26.4% lower than its 20-day moving average, and 19.7% lower than its 90-day moving average.

Market Comparative Performance

  • The company's share price lags the S&P 500 Index this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company's share price lags the Dow Jones Industrial Average this week, beats it on a 1-year basis, and lags it on a 5-year basis
  • The company share price lags the performance of its peers in the Financials industry sector this week, beats it on a 1-year basis, and lags it on a 5 year basis
NameDoD %ΔYTD %Δ1 Yr %52-Week H %52-Week L %
Elevate Credit Inc.-16.2-22.3144.1-22.7325.8
Dow Jones Industrial Average1.48.649.8-1.461.3
S&P 500 Index1.66.354.0-1.562.9
Financials1.813.651.6-2.268.6

Peer Group Comparative Performance

  • The company's stock price performance year-to-date lags the peer average by 109.8%
  • The company's stock price performance over the past 12 months beats the peer average by 268.0%
NameMKT CAP (USD)P/EYTD %Δ1 Yr %Δ52-Week H %52-Week L %
Elevate Credit Inc.ELVT0-22.3144.1-22.7325.8
Peer AvgN/A7.0-10.639.2-18.758.6
PagSeguro Digital Ltd. Class APAGS28.2-19.1113.9-26.3170.0
OneConnect Financial Technology Co Ltd Sponsored ADROCFT0-23.442.7-48.564.5

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