During Tuesday trading, stocks of goeasy Ltd. (TSXV:$GSY) traded down 3.4%. The stock briefly hit prices as low as $27.22 Canadian, before closing at $27.88. On the average trading volume of 25,243, the stock hit a mid-day trade value of 37,943. In previous sessions, the stock closed at $28.87.

goeasy Ltd. is a Canadian service provider of alternative financial services and goods. It focuses on leasing household products and providing loans or other financial services to consumers.

The company currently has a 40-day moving average of $28.52 and a 200-day moving average of $30.06. It also has a Price/Earnings ratio of 12.17 and a market cap of $376.49 million.

In a research note on Monday, July 17th, Raymond James Financial, Inc. (NYSE:$RJF) stated an ‘Outperform’ rating and cut their price target from C$34.00 to C$41.00.

The company also recently declared a dividend. The dividend is to be paid Friday, October 13th, to stockholders of record on Friday, September 29th. The dividend will amount to $0.18 per share. This means that shareholders can expect a dividend yield of 2.55% and an annualized dividend of $0.72. The current ex-dividend date is set for Thursday, September 28th.

In insider news, insider Shane Pennell purchased 2,000 shares of goeasy stock for an average cost of C$26.26 and a total value of C$52,520.00. The transaction took place on Wednesday, August 16th. Direct David Ingram also purchased shares, totaling 1,500, for an average cost of C$26.36 and a total transaction of C$39,540.00. More than 4,000 shares with an approximate value of $105,060 were purchased by insiders over the last 90 days.

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