Encore Capital Group, Inc (ECPG) gets rating Upgrade from Northland Capital

Encore Capital Group, Inc’s recently made public that its EVP, CFO & Treasurer CLARK JONATHAN C acquired Company’s shares for reported $1.0 million on Mar 05 ’25. In the deal valued at $35.00 per share,28,600 shares were bought. As a result of this transaction, CLARK JONATHAN C now holds 190,164 shares worth roughly $7.26 million.

Then, Gupta Ashwini bought 40,000 shares, generating $1,404,000 in total proceeds. Upon buying the shares at $35.10, the Director now owns 96,909 shares.

Before that, Masih Ashish bought 20,000 shares. Encore Capital Group, Inc shares valued at $702,800 were divested by the President and CEO at a price of $35.14 per share. As a result of the transaction, Masih Ashish now holds 322,254 shares, worth roughly $12.3 million.

Northland Capital upgraded its Encore Capital Group, Inc [ECPG] rating to an Outperform from a a Market perform in a research note published on October 17, 2024; the price target was increased to $58 from $55. A number of analysts have revised their coverage, including Janney’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. Northland Capital also remained covering ECPG and has decreased its forecast on February 14, 2023 with a “Market perform” recommendation from previously “an Outperform” rating. Oppenheimer revised its rating on January 15, 2019. It rated ECPG as “an Outperform” which previously was an “a Perform”.

Price Performance Review of ECPG

On Friday, Encore Capital Group, Inc [NASDAQ:ECPG] saw its stock fall -1.65% to $38.17. Over the last five days, the stock has lost -5.80%. Encore Capital Group, Inc shares have fallen nearly -20.10% since the year began. Nevertheless, the stocks have fallen -13.51% over the past one year. While a 52-week high of $51.77 was reached on 02/19/25, a 52-week low of $26.45 was recorded on 04/09/25. SMA at 50 days reached $34.76, while 200 days put it at $44.02.

Levels Of Support And Resistance For ECPG Stock

The 24-hour chart illustrates a support level at 37.38, which if violated will result in even more drops to 36.59. On the upside, there is a resistance level at 38.74. A further resistance level may holdings at 39.31. The Relative Strength Index (RSI) on the 14-day chart is 53.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.52%. Stochastics %K at 58.08% indicates the stock is a holding.

How much short interest is there in Encore Capital Group, Inc?

A steep rise in short interest was recorded in Encore Capital Group, Inc stocks on 2025-04-30, dropping by 57868.0 shares to a total of 1.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-31 was 1.69 million shares. There was a decline of -3.54%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 03, 2019 when Buckingham Research began covering the stock and recommended ‘”a Buy”‘ rating along with a $38 price target.

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