GWG Holdings Inc (NASDAQ:GWGH) Given Consensus Recommendation of “Strong Buy” by Analysts
GWG Holdings Inc (NASDAQ:GWGH) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.
Zacks has also given GWG an industry rank of 43 out of 255 based on the ratings given to its competitors.
Separately, ValuEngine lowered GWG from a “buy” rating to a “hold” rating in a research report on Thursday.
Shares of NASDAQ GWGH traded up $0.29 during mid-day trading on Friday, reaching $9.79. 5,329 shares of the company’s stock were exchanged. The business has a fifty day simple moving average of $9.47 and a 200 day simple moving average of $9.70. GWG has a twelve month low of $6.10 and a twelve month high of $17.50.
GWG (NASDAQ:GWGH) last released its quarterly earnings results on Thursday, November 14th. The financial services provider reported ($0.75) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.30) by ($0.45). The firm had revenue of $22.21 million during the quarter.
GWG Holdings, Inc operates as a financial services company. It purchases life insurance policies at a discount to the face value from the secondary market and policy holders, and continue to pay the premiums to collect the policy benefits. The company also owns a portfolio of alternative assets; and develops epigenetic technology solutions for the life insurance industry.
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