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Propel Holdings Inc T.PRL

Alternate Symbol(s):  PRLPF

Propel Holdings Inc. is a Canada-based financial technology (fintech) company focused on credit inclusion by facilitating access to credit through its online lending platform. The Company, through its brands, offers credit solutions to consumers in Canada and the United States. Through its end-to-end, artificial intelligence (AI)-powered online lending platform, it facilitates access to credit products for underserved American and Canadian consumers who struggle to access credit from mainstream credit providers. It operates three consumer-facing brands, which directly offer or facilitate access to credit: MoneyKey and CreditFresh in the United States and Fora Credit in Canada, in addition to the Pathward Lending-as-a-Service program. The two types of credit products available through the Propel platform are Installment Loans and Lines of Credit. In the United States, the MoneyKey direct lending program and CreditFresh Bank Programs are supported by two revolving credit facilities.


TSX:PRL - Post by User

Post by retiredcfon May 20, 2024 1:48pm
192 Views
Post# 36048861

More on Volatility

More on VolatilityAny reason you see for this pullback below its low price post earnings? I thought they were excellent and also with strong guidance.

The pullback looks to be fairly technical so far. The stock 'gapped up' after its earnings, and is now 'retracing' this gap between $25.0 and $26.5. We would like to see the stock gain some support at $25 and either consolidate or resume its uptrend. Overall, we continue to like the name and feel that it is just finding a balance between profit-takers and those accumulating. (5iResearch)
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