NEW YORK, February 28, 2017 /PRNewswire/ --
Today's research reports have been issued by Stock-Callers.com on these four Credit Services firms: Fifth Street Finance Corp. (NASDAQ: FSC), Qiwi PLC (NASDAQ: QIWI), On Deck Capital Inc. (NYSE: ONDK), and Yirendai Ltd (NYSE: YRD). According to a Moody's report, a modest revival in global growth and sustained low interest rates will provide a reasonably stable backdrop for global credit in 2017, without any major spike in defaults. However, a number of challenges will translate into more uncertain economic and credit outcomes over the coming year, including concerns over the efficacy of monetary policy, a busy election calendar in Europe, and the policy implications of Donald Trump's election as US president. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:
Fifth Street Finance
On Monday, shares in Fifth Street Finance Corp. recorded a trading volume of 1.34 million shares, which was above their three months average volume of 1.33 million shares. The stock ended at $4.57, declining 0.44% from the last trading session. The Company's shares are trading below their 200-day moving average by 11.54%. Furthermore, shares of Fifth Street Finance, which seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising sectors, have a Relative Strength Index (RSI) of 28.85.
On February 09th, 2017, Fifth Street announced that total investment income for Q1 FY17 and Q1 FY16 was $51.8 million and $65.1 million, respectively. For Q1 FY17, the amount primarily consisted of $43.9 million of cash interest income from portfolio investments. Fifth Street's net realized and unrealized losses on its investment portfolio for Q1 FY17 and Q1FY16 were $97.5 million and $89.5 million, respectively. Visit us today and access our complete research report on FSC at:
Nicosia, Cyprus-based Qiwi PLC's stock finished yesterday's session 2.65% lower at $13.98, with a total trading volume of 433,013 shares. The Company's shares have gained 5.27% in the last one month, 3.99% over the previous three months, and 9.48% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.25% and 6.97%, respectively. Furthermore, shares of Qiwi, which together with its subsidiaries operates electronic online payment systems primarily in the Russian Federation, Kazakhstan, Moldova, Belarus, Romania, and the United Arab Emirates, have an RSI of 47.99.
On January 12th, 2017, QIWI announced its participation in the "Fintech" Association founded by the Central Bank of the Russian Federation together with the largest Russian financial market participants including Sberbank, VTB, Alfa Bank, Gazprombank, Otkritie FC, and the National System of Payment Cards. The complimentary report on QIWI can be downloaded at:
On Deck Capital
Last Monday at the close, shares in New York headquartered On Deck Capital Inc. jumped 5.49%, ending the day at $5.76. The stock recorded a trading volume of 452,216 shares. The Company's shares have advanced 19.50% in the last one month, 22.03% over the previous three months, and 24.41% since the start of this year. The stock is trading 17.52% above its 50-day moving average and 12.12% above its 200-day moving average. Moreover, shares of On Deck Capital, which operates an online platform for small business lending in the US, have an RSI of 63.10.
On February 16th, 2017, OnDeck announced that during Q4 2016, the Company increased Loans under Management by 35% y-o-y to $1.2 billion, Originations by 13% to $632 million, and gross revenue by 21% to $81.8 million. For the full year of 2016, OnDeck loaned over $2.4 billion to small businesses in the US, Canada, and Australia. The firm earned $291.3 million of gross revenue. Register for free on Stock-Callers.com and access the latest research report on ONDK at:
Beijing, the People's Republic of China-based Yirendai Ltd.'s stock ended the day 2.36% lower at $24.00, with a total trading volume of 380,169 shares. The Company's shares have gained 12.78% in the last month and 15.83% on an YTD basis. The stock is trading 5.29% above its 50-day moving average and 5.62% above its 200-day moving average. Additionally, shares of Yirendai, which operates as an online consumer finance marketplace that connects borrowers and investors primarily in the People's Republic of China, have an RSI of 53.99.
On February 13th, 2017, Yirendai announced that it plans to release its unaudited financial results for Q4 and full year ended December 31st, 2016, after the US market closes on March 15th, 2017, ET. Yirendai's management will host an earnings conference call at 8:00 a.m. ET on March 16th, 2017. Get free access to your research report on YRD at:
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