Regional Management Stock Rises 16% in a Month: Should You Buy?
RMRegional Management(RM) ZACKS·2024-09-04 00:51

Regional Management Corp. (RM) shares have jumped 15.9% in the past month, outperforming the industry’s return of 11% and the S&P 500 Index’s rise of 8.7%. Improving credit performance and growth in small loan portfolios appear to have catalyzed this bullishness. Currently priced at 33.53,thestockisjust1.833.53, the stock is just 1.8% below its 52-week high of 34.15. This proximity underscores investor confidence and market optimism about this consumer finance company’s prospects. It has the ingredients for further price apprec ...