This Morning's Technical Outlook on Credit Services Stocks -- China Commercial Credit, LM Funding America, Blackhawk Network, and MoneyGram Intl.

NEW YORK, Feb. 1, 2018 /PRNewswire/ --  WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on CCCR, LMFA, HAWK, and MGI which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com takes a closer look at the Credit Services space, which comprises companies that originate, acquire, and service loans to individuals and corporations. Under assessment this morning are: China Commercial Credit Inc. (NASDAQ: CCCR), LM Funding America Inc. (NASDAQ: LMFA), Blackhawk Network Holdings Inc. (NASDAQ: HAWK), and MoneyGram International Inc. (NASDAQ: MGI). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

China Commercial Credit

Wujiang, China-based China Commercial Credit Inc.'s shares declined 1.18%, closing Wednesday's trading session at $1.67. The stock recorded a trading volume of 186,158 shares. The Company's shares have surged 21.01% in the last month and 46.49% over the past year. The stock is trading 28.79% below its 50-day moving average. Additionally, shares of the Company, which through its subsidiaries, operates as a microcredit company in China, have a Relative Strength Index (RSI) of 40.10. Get the full research report on CCCR for free by clicking below at: www.wallstequities.com/registration/?symbol=CCCR

LM Funding America

On Wednesday, shares in Tampa, Florida-based LM Funding America Inc. recorded a trading volume of 2.60 million shares, which was above their three months average volume of 1.47 million shares. The stock dropped 2.73%, ending the day at $1.78. The Company's shares have advanced 12.66% in the past month. The stock is trading below its 50-day moving average by 13.63%. Furthermore, shares of the Company, which through its subsidiary, LM Funding, LLC, operates as a specialty finance company, have an RSI of 52.13. 

On January 24th, 2018, LM Funding America (LMFA) announced that it has paid Heartland Bank of New York all of the principal and accrued interest, totaling $4.7 million dollars. The exchange resulted in the issuance of 2,676,378 shares. After giving effect to the issuance of such shares, LMFA had 5,976,378 shares of its common stock issued and outstanding as of January 23rd, 2017, and no outstanding secured debt obligations. LMFA's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=LMFA

Blackhawk Network Holdings

Pleasanton, California headquartered Blackhawk Network Holdings Inc.'s stock finished the day 0.33% higher at $45.45 with a total trading volume of 1.69 million shares. The Company's shares have surged 27.49% in the last month, 36.08% in the previous three months, and 27.31% over the past year. The stock is trading above its 50-day and 200-day moving averages by 20.84% and 11.95%, respectively. Additionally, shares of Blackhawk Network Holdings have an RSI of 71.45. 

On January 29th, 2018, Blackhawk Network Holdings (HAWK) announced that it has partnered with Casey's General Stores, Inc. to enable the retailer to offer Amazon Cash to its shoppers, who do not have a bank account or prefer not to use debit or credit cards for purchases. Leveraging HAWK's technology, Casey's General Stores rolled out Amazon Cash across the Midwest on January 01st, 2018.

On January 31st, 2018, research firm SunTrust downgraded the Company's stock rating from 'Buy' to 'Hold'. Register for your free research report on HAWK at: www.wallstequities.com/registration/?symbol=HAWK

MoneyGram International

Shares in Dallas, Texas-based MoneyGram International Inc. ended yesterday's session 0.66% lower at $12.08. The stock recorded a trading volume of 617,663 shares. The Company's shares are trading 8.50% below their 50-day moving average. Moreover, shares of MoneyGram, which together with its subsidiaries, provides money transfer services in the US and internationally, have an RSI of 37.18. 

On January 24th, 2018, MoneyGram announced that its digital channel, MoneyGram.com, is now available to customers sending money from France and Spain. The Company's website enables customers to stay financially connected with their loved ones in over 200 countries and territories with just a few clicks on a mobile device or a tablet. Wall St. Equities' downloadable research report on MGI available at: www.wallstequities.com/registration/?symbol=MGI

--

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

 

Cision View original content:http://www.prnewswire.com/news-releases/this-mornings-technical-outlook-on-credit-services-stocks----china-commercial-credit-lm-funding-america-blackhawk-network-and-moneygram-intl-300591803.html

SOURCE Wall St. Equities

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.