Payoneer Global Inc. (NASDAQ: PAYO)’s stock price has gone rise by 2.27 in comparison to its previous close of 4.19, however, the company has experienced a -3.71% decrease in its stock price over the last five trading days.
Is It Worth Investing in Payoneer Global Inc. (NASDAQ: PAYO) Right Now?
Opinions on the stock are mixed, with 9 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The average price predicted for Payoneer Global Inc. (PAYO) by analysts is $8.44, which is $4.16 above the current market price. The public float for PAYO is 296.30M, and at present, short sellers hold a 3.36% of that float. On May 26, 2023, the average trading volume of PAYO was 3.58M shares.
PAYO’s Market Performance
PAYO’s stock has seen a -3.71% decrease for the week, with a -21.95% drop in the past month and a -25.48% fall in the past quarter. The volatility ratio for the week is 5.06%, and the volatility levels for the past 30 days are at 6.05% for Payoneer Global Inc. The simple moving average for the past 20 days is -11.79% for PAYO’s stock, with a -28.44% simple moving average for the past 200 days.
PAYO Trading at -21.64% from the 50-Day Moving Average
After a stumble in the market that brought PAYO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.70% of loss for the given period.
Volatility was left at 6.05%, however, over the last 30 days, the volatility rate increased by 5.06%, as shares sank -21.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.85% lower at present.
During the last 5 trading sessions, PAYO fell by -3.37%, which changed the moving average for the period of 200-days by -23.89% in comparison to the 20-day moving average, which settled at $4.80. In addition, Payoneer Global Inc. saw -21.66% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at PAYO starting from Perry Itai, who sale 4,273 shares at the price of $4.47 back on May 17. After this action, Perry Itai now owns 170,322 shares of Payoneer Global Inc., valued at $19,096 using the latest closing price.
Galit Scott H., the Co-Chief Executive Officer of Payoneer Global Inc., sale 12,857 shares at $5.70 during a trade that took place back on May 09, which means that Galit Scott H. is holding 1,390,450 shares at $73,285 based on the most recent closing price.
Stock Fundamentals for PAYO
Current profitability levels for the company are sitting at:
- -2.83 for the present operating margin
- +79.46 for the gross margin
The net margin for Payoneer Global Inc. stands at -1.91. The total capital return value is set at -3.26, while invested capital returns managed to touch -2.23. Equity return is now at value -4.40, with -0.40 for asset returns.
Based on Payoneer Global Inc. (PAYO), the company’s capital structure generated 5.69 points at debt to equity in total, while total debt to capital is 5.38. Total debt to assets is 0.47, with long-term debt to equity ratio resting at 4.15. Finally, the long-term debt to capital ratio is 3.93.
When we switch over and look at the enterprise to sales, we see a ratio of 1.52, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 9.06 and the total asset turnover is 0.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
To sum up, Payoneer Global Inc. (PAYO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.