GWG stock traded down $0.01 during mid-day trading on Thursday, reaching $9.27. 4,900 shares of the company’s stock were exchanged, compared to its average volume of 20,318. The business’s fifty day simple moving average is $9.37 and its 200 day simple moving average is $10.79. The firm has a market capitalization of $323.72 million, a PE ratio of -1.15 and a beta of 0.09. GWG has a one year low of $4.80 and a one year high of $17.50. The company has a quick ratio of 30.61, a current ratio of 30.61 and a debt-to-equity ratio of 27.55.
GWG (NASDAQ:GWGH) last issued its quarterly earnings results on Monday, August 5th. The financial services provider reported ($0.57) EPS for the quarter. The company had revenue of $25.22 million during the quarter. On average, sell-side analysts forecast that GWG will post -0.89 earnings per share for the current year.
GWG Company Profile
GWG Holdings, Inc operates as a financial services company. It purchases life insurance policies at a discount to the face value from the secondary market and policy holders, and continue to pay the premiums to collect the policy benefits. The company also owns a portfolio of alternative assets; and develops epigenetic technology solutions for the life insurance industry.
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