Atlanticus (NASDAQ:ATLCP) Trading 2.9% Higher – What’s Next?

Atlanticus Holdings Co. (NASDAQ:ATLCP)’s stock price rose 2.9% during mid-day trading on Thursday . The company traded as high as $22.85 and last traded at $23.09. Approximately 877 shares were traded during trading, a decline of 80% from the average daily volume of 4,473 shares. The stock had previously closed at $22.45.

Atlanticus Stock Performance

The stock has a 50 day moving average of $23.24 and a 200 day moving average of $23.27.

Atlanticus Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Saturday, March 1st were issued a $0.4766 dividend. The ex-dividend date was Friday, February 28th. This represents a $1.91 dividend on an annualized basis and a dividend yield of 8.26%.

Atlanticus Company Profile

Atlanticus Holdings Corporation, a financial technology company, provides credit and related financial services and products to customers the United States. It operates in two segments, Credit as a Service, and Auto Finance. The Credit as a Service segment originates a range of consumer loan products, such as private label and general purpose credit cards originated by lenders through various channels, including retail and healthcare, direct mail solicitation, digital marketing, and partnerships with third parties; and offers credit to their customers for the purchase of various goods and services, including consumer electronics, furniture, elective medical procedures, healthcare, and home-improvements by partnering with retailers, healthcare providers, and other service providers.