Atlanticus (NASDAQ:ATLCP) Stock Price Down 0.5% – What’s Next?

Atlanticus Holdings Co. (NASDAQ:ATLCP) dropped 0.5% on Tuesday. The company traded as low as $23.91 and last traded at $23.8950. 3,372 shares changed hands during mid-day trading, a decline of 37% from the average session volume of 5,388 shares. The stock had previously closed at $24.01.

Atlanticus Price Performance

The firm has a 50 day moving average price of $24.21 and a 200-day moving average price of $23.84.

Atlanticus Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were issued a $0.4766 dividend. This represents a $1.91 dividend on an annualized basis and a dividend yield of 8.0%. The ex-dividend date of this dividend was Tuesday, September 1st.

Atlanticus Company Profile

Atlanticus Holdings Corporation, through its subsidiaries, provides consumer financial products and services in the United States. The company specializes in originating, underwriting and servicing unsecured credit card receivables for non-prime consumers nationwide. Atlanticus partners with independent sales organizations and program managers to deliver private-label and co-branded credit card programs under the Mastercard and Visa networks.

Beyond card issuance, Atlanticus operates a technology-driven servicing platform that manages billing, collections and customer support for both proprietary and third-party credit programs.