Published on 21 Aug 2024 on Insider Monkey · via Yahoo Finance
Should You Maintain Your Stake in Nicholas Financial (NICK)?
River Oaks Capital, an investment management company, released its second-quarter investor letter. A copy of the letter can be downloaded here. Year to date, the fund returned 5.1% compared to the Russell 2000 TR’s 1.7% return and the Russell Microcap TR’s -0.8% return. River Oaks Capital concentrates on investing with a business owner, and long-term mindset in a select number of underfollowed publicly traded micro-caps and small caps. In addition, please check the fund’s top five holdings to know its best picks in 2024.
River Oaks Capital highlighted stocks like Nicholas Financial, Inc. (NASDAQ:NICK) in the second quarter 2024 investor letter. Headquartered in Clearwater, Florida, Nicholas Financial, Inc. (NASDAQ:NICK) is a consumer finance company. The one-month return of Nicholas Financial, Inc. (NASDAQ:NICK) was -3.84%, and its shares gained 13.61% of their value over the last 52 weeks. On August 30, 2024, Nicholas Financial, Inc. (NASDAQ:NICK) stock closed at $5.76 per share with a market capitalization of $42.048 million.