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Downtrend Call Working As World Acceptance Stock Falls 17.0% (WRLD)

By Nick Russo

SmarTrend identified a Downtrend for World Acceptance (NASDAQ:WRLD) on July 23rd, 2019 at $162.49. In approximately 2 months, World Acceptance has returned 16.95% as of today's recent price of $134.94.

World Acceptance share prices have moved between a 52-week high of $175.78 and a 52-week low of $89.78 and are now trading 50% above that low price at $134.94 per share. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has declined 2%.

World Acceptance Corporation operates a small-loan consumer finance business. The Company offers short-term loans, related credit insurance, and ancillary products and services to individuals. World Acceptance generally serves individuals with limited access to other sources of consumer credit from banks, savings and loans, other consumer finance businesses, and credit cards.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of World Acceptance.

Log in and add World Acceptance (WRLD) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights world acceptance

Ticker(s): WRLD