World Acceptance traded at $201.61 this Monday July 6th, decreasing $6.37 or 3.06 percent since the previous trading session. Looking back, over the last four weeks, World Acceptance lost 18.28 percent. Over the last 12 months, its price rose by 16.35 percent. Looking ahead, we forecast World Acceptance to be priced at 203.63 by the end of this quarter and at 191.13 in one year, according to Trading Economics global macro models projections and analysts expectations.
World Acceptance Corporation is a small-loan consumer finance company. The Company is engaged in offering short-term small instalment loans, medium-term larger instalment loans, related credit insurance and ancillary products and services to individuals. The Company primarily serves individuals with limited access to other sources of consumer credit, such as banks, credit unions, other consumer finance businesses and credit card lenders. The Company also offers income tax return preparation services to its loan customers and other individuals. It offers instalment loans, generally between 250 and 3,500 dollars, with the average loan being 1,112 dollars. The Company operates approximately 1,205 branches in Alabama, Georgia, Idaho, Illinois, Indiana, Kentucky, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, South Carolina, Texas, Tennessee, Utah, and Wisconsin.