Stock price performance of Rent-A-Center Inc. is analyzed for various periods using several stock trading signals. The stock price have dropped -25.74% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -32.2% . Looking at the past 52 week period, the stock price is down -20.83% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Rent-A-Center Inc. has a negative value of -29.02 compared to overall market performance. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 20.91% and the 50-Day Moving Average is 27.48%.The 200 Day SMA reached 32.81%
Rent-A-Center, Inc. is having a Relative Strength Index of 37.94 which indicates the stock is not yet over sold or over bought based on the technical indicators. Stocks of Rent-A-Center Inc. (NASDAQ:RCII) rallied by 9.11% during the past week but lost 18.7% on a 4-week basis. The company has outperformed the S&P 500 by 8.98% in the past week but underperformed the index by 19.42% in the last 4 weeks.
Company has reported several Insider transactions to the SEC, on Aug 1, 2016, Robert Dale Davis (CEO) purchased 10,000 shares at 10.87 per share price.On May 3, 2016, Jeffery M Jackson (director) purchased 1,400 shares at 14.87 per share price.On Nov 23, 2015, Mark E. Denman (EVP – Acceptance Now) purchased 1,270 shares at 16.84 per share price.
Rent-A-Center Inc Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.11 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.09. The company had revenue of $693.90 million for the quarter, compared to analysts expectations of $701.27 million. The companys revenue was down -12.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.47 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Rent-A-Center Inc was Initiated by Loop Capital to Hold on Dec 13, 2016. Rent-A-Center Inc was Downgraded by Raymond James to Mkt Perform on Dec 6, 2016.
Rent-A-Center Inc. (NASDAQ:RCII) : On Friday heightened volatility was witnessed in Rent-A-Center Inc. (NASDAQ:RCII) which led to swings in the share price. The stock opened for trading at $8.8 and hit $8.9 on the upside , eventually ending the session at $8.74, with a gain of 0.58% or 0.05 points. The heightened volatility saw the trading volume jump to 1,500,148 shares. The 52-week high of the share price is $16.37 and the company has a market cap of $465 million. The 52-week low of the share price is at $7.76 .
Rent-A-Center operates company owned rent-to-own stores which offer high-quality, durable goods such as consumer electronics, appliances, furniture and accessories to consumers under flexible rental purchase arrangements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed-upon rental period. ColorTyme, Inc., a wholly-owned subsidiary of the Company, is a national franchisor of rent-to-own stores, which operate under the trade name of “ColorTyme, and under the “Rent-A-Center name. (Press Release)