World Acceptance (NASDAQ:WRLD) Shares Gap Up to $138.81

World Acceptance Co. (NASDAQ:WRLD) gapped up before the market opened on Thursday . The stock had previously closed at $138.81, but opened at $149.31. World Acceptance shares last traded at $142.45, with a volume of 3,187 shares trading hands.

World Acceptance Stock Down 0.8 %

The company has a market cap of $846.88 million, a price-to-earnings ratio of 10.50 and a beta of 1.42. The business has a 50-day simple moving average of $134.17 and a two-hundred day simple moving average of $126.60. The company has a quick ratio of 20.46, a current ratio of 15.98 and a debt-to-equity ratio of 1.17.

Institutional Investors Weigh In On World Acceptance

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Swiss National Bank lifted its position in World Acceptance by 1.4% during the 3rd quarter. Swiss National Bank now owns 7,500 shares of the credit services provider’s stock worth $953,000 after acquiring an additional 100 shares during the last quarter. New York State Teachers Retirement System grew its holdings in World Acceptance by 1.9% in the 1st quarter. New York State Teachers Retirement System now owns 7,361 shares of the credit services provider’s stock valued at $1,067,000 after buying an additional 138 shares during the last quarter. Saba Capital Management L.P. increased its position in World Acceptance by 1.9% in the 3rd quarter. Saba Capital Management L.P. now owns 9,319 shares of the credit services provider’s stock worth $1,184,000 after buying an additional 178 shares during the period. Barclays PLC lifted its holdings in shares of World Acceptance by 10.0% during the third quarter. Barclays PLC now owns 2,086 shares of the credit services provider’s stock worth $264,000 after buying an additional 190 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its position in shares of World Acceptance by 1.0% in the fourth quarter. Principal Financial Group Inc. now owns 21,340 shares of the credit services provider’s stock valued at $2,786,000 after acquiring an additional 220 shares during the period. 83.63% of the stock is currently owned by institutional investors and hedge funds.

World Acceptance Company Profile

World Acceptance Corporation engages in consumer finance business in the United States. The company offers short-term small installment loans, medium-term larger installment loans, related credit insurance, and ancillary products and services to individuals. It also provides income tax return preparation and filing services; and automobile club memberships.