Nicholas Financial (NASDAQ:NICK) stock observed trading -16.56% off 52-week high price. On the other end, the stock has been noted 68.28% away from low price over the last 52-weeks. The stock disclosed a move of 3.48% away from 50 day moving average and 7.26% away from 200 day moving average. Moving closer, we can see that shares have been trading 5.71% off 20-day moving average. It has market cap of $97.72M.

On Oct. 30, 2020, Nicholas Financial (NASDAQ:NICK) declared net income for the three months ended September 30, 2020 of $1.3 million compared to $0.3 million for the three months ended September 30, 2019. Diluted net income per share was $0.16 for the three months ended September 30, 2020 as compared to $0.03 for the three months ended September 30, 2019. Revenue decreased 9.8% to $14.1 million for the three months ended September 30, 2020 as compared to $15.6 million for the three months ended September 30, 2019. The Company reported income before income taxes for the three months ended September 30, 2020 of $1.4 million compared $0.4 million for the three months ended September 30, 2019. The Company recorded an income tax expense of approximately $0.1 million during the three months ended September 30, 2020 compared to an income tax expense of $0.1 million during the three months ended September 30, 2019.

For the Fiscal Year 2021, the Company has calculated an effective tax rate of approximately 25%, before income tax benefit. As of September 30, 2020, the company recognized a net income tax benefit of approximately $(0.3) million, with $(0.2) million relating to the tax provision analysis and $(0.1) million relating to the net operating loss carry-back provisions allowed by the CARES Act. The effective tax rate has been similar for the reporting periods presented.

 The USA based company Nicholas Financial moved with change of 3.35% to $8.01 with the total traded volume of 1503 shares in recent session versus to an average volume of 5.06K shares. The stock was observed in the 5 days activity at 2.56%. The one month performance of stock was 8.24%. NICK’s shares are at -2.32% for the quarter and driving a -10.80% return over the course of the past year and is now at -2.79% since this point in 2018.  Right now the stock beta is 0.62. The average volatility for the week and month was at 0.84% and 1.67% respectively. There are 7.76M shares outstanding and 4.59M shares are floated in market.

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