Meta Financial Group Inc. (CASH): Look at its Technical Analysis


Meta Financial Group Inc. (NASDAQ:CASH) changes shares on Monday trading session, with a change of 4.30% or $0.75 shares. The trading starts at $17.15 and closed at $17.43 throughout the day. The trading session low price was $17.02 and day high was $18.24 on Monday, June 22. After the session, the Financial sector daily volume shifted to 0.28 million while its average volume is 417.42K. In other hand, the CASH market cap reached to $631.39M. While, its current target price is $18.18 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 0.17% and up 6.82% for month. Its quarterly performance was -8.83% below, while its half year performance is down -48.25%. CASH yearly performance stood at negative -35.16% and fall -50.21% for year-to-date. Current recommendation for Meta Financial Group Inc. is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CASH EPS (TTM) for 12-month is 3.30. EPS for this year is 46.40%, while for the next year its value is 2.31. Its EPS Q/Q reached 78.80%. It has an EPS of 24.20% up for past five years.

Let’s take a look on the analyst recommendations on CASH for the current month and previous month. For the current month, 3 of 4 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $24.00-$26.00. Average target price for CASH was reached at $25.00.

The insider ownership moved to 1.40% and institutional holding shifted to 81.10%.

The company posted an EPS (TTM) of 3.30. According to the most recent quarter report on (Jun 2020), 4 analysts estimated an average EPS of 0.22, while 0.75 EPS posted a year ago period. Comparing with last year, the average estimated EPS was 0.75 which is lower than 1.45 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CASH fall -37.31% for period of 200 days. SMA for 50 days was 3.21% which is showing green signal, while SMA-20 was -3.35%. The moving average value for Meta Financial Group Inc. (CASH) is 26.77 and 17.64 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in CASH stock. On Jun 09, Moore Frederick V, Director, sold 3,300 trading shares at the cost of $20.66, which valued at 68178.0. On Jun 05, Tull William David, Director, sold 52,999 shares at the cost of $21.26, with total shares of 284,000. On Jun 04, Tull William David, Director, sold 46,005 shares at the cost of 19.74. After this transaction, Tull William David total shares reached to 284,000 which valued at 0.91 million.