Cash Converters International (ASX:CCV) Shares Down 2.1%

Cash Converters International Ltd (ASX:CCV) traded down 2.1% during trading on Monday . The company traded as low as A$0.24 ($0.17) and last traded at A$0.24 ($0.17), 220,278 shares traded hands during mid-day trading. A decline of 62% from the average session volume of 585,495 shares. The stock had previously closed at A$0.24 ($0.17).

The company has a debt-to-equity ratio of 38.93, a quick ratio of 0.82 and a current ratio of 2.25. The company’s fifty day simple moving average is A$0.24 and its two-hundred day simple moving average is A$0.18. The stock has a market capitalization of $144.86 million and a PE ratio of -78.33.

About Cash Converters International (ASX:CCV)

Cash Converters International Limited operates as a franchisor of second hand goods and financial services stores under the Cash Converters brand name. It operates through Franchise Operations, Store Operations, Personal Finance, and Vehicle Financing segments. The company engages in the sale of franchises for the retail sale of new and second hand goods, as well as sale of master licenses for the development of franchises worldwide; and retail sale of new and second hand goods, as well as in cash advance and pawn broking operations through corporate owned stores in Australia.

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