XNAS · Laboratory Analytical Instruments · S&P 500
$17.37
-$0.77 (-4.22%) today
Open $18.14 High $18.14 Low $17.34 Vol 259K Avg $17.53
52-week price range
Price is 69.5% above its 52-week low and 23.0% below its 52-week high. Trading in the upper half of its annual range — closer to the peak than the base.
PRA Group Inc is a specialty finance company engaged in the purchase, collection, and management of nonperforming loan portfolios. The majority of the loans it purchases are from credit originators who have chosen not to pursue, or have been unsuccessful in collecting, the full balance owed to them (Core accounts). To a lesser extent, the company also purchases loans in situations where the customer is involved in a bankruptcy or similar proceeding (Insolvency accounts). As part of an ancillary business, it also purchases and provides fee-based services for class action claims recoveries in the U.S. The company has two operating and reportable segments, comprised of its U.S. and European businesses. The majority of its revenue is generated from the United States.