Provident Financial (OTCMKTS:FPLPY) Downgraded by Zacks Investment Research

Zacks Investment Research cut shares of Provident Financial (OTCMKTS:FPLPY) from a buy rating to a hold rating in a research report released on Tuesday, Zacks.com reports.

According to Zacks, “Provident Financial plc provides financial services. It offers credit cards, guarantor loans, home credit loans, online instalment loans and car finance under the Vanquis Bank, glo, Provident, Satsuma Loans, and Moneybarn brand names. The company operates primarily in the United Kingdom, the Republic of Ireland and Poland. Provident Financial plc is headquartered in Bradford, the United Kingdom. “

Provident Financial stock opened at $4.87 on Tuesday. The company’s 50 day simple moving average is $4.68 and its 200 day simple moving average is $4.16. Provident Financial has a fifty-two week low of $4.00 and a fifty-two week high of $4.87.

About Provident Financial

Provident Financial Plc engages in the business of supplying personal credit products. It operates through four segments: Vanquis Bank, Consumer Credit Division, Moneybarn and Central. The Vanquis Bank segment issues credit cards to people who are often declined by mainstream card providers. The Consumer Credit division segment offers home credit loans; online lending; and operates as loan guarantor.

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