The stock of PaySign Inc (PAYS) has gone up by 24.92% for the week, with a 34.31% rise in the past month and a 47.84% rise in the past quarter. The volatility ratio for the week is 12.26%, and the volatility levels for the past 30 days are 7.35% for PAYS. The simple moving average for the past 20 days is 30.23% for PAYS’s stock, with a 70.36% simple moving average for the past 200 days.
Is It Worth Investing in PaySign Inc (NASDAQ: PAYS) Right Now?
PaySign Inc (NASDAQ: PAYS) has a higher price-to-earnings ratio of 34.22x compared to its average ratio. PAYS has 36-month beta value of 1.08. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PAYS is 32.54M, and currently, short sellers hold a 2.77% ratio of that float. The average trading volume of PAYS on April 02, 2024 was 372.78K shares.
PAYS) stock’s latest price update
PaySign Inc (NASDAQ: PAYS)’s stock price has soared by 12.30 in relation to previous closing price of 3.66. Nevertheless, the company has seen a gain of 24.92% in its stock price over the last five trading days. Seeking Alpha reported 2024-03-31 that PaySign continues to experience double-digit net sales growth driven by investments in prepaid card-based payment solutions for the plasma donation industry. The company has a strong presence with 465 plasma centers and 6.4 million cardholders, as well as sponsorship from large banks and card companies. The recent acquisition of shares by PaySign may lead to increased demand for the stock and lower cost of capital.
Analysts’ Opinion of PAYS
Many brokerage firms have already submitted their reports for PAYS stocks, with Barrington Research repeating the rating for PAYS by listing it as a “Mkt Perform.” The predicted price for PAYS in the upcoming period, according to Barrington Research is $4 based on the research report published on March 30, 2022 of the previous year 2022.
PAYS Trading at 33.67% from the 50-Day Moving Average
After a stumble in the market that brought PAYS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.27% of loss for the given period.
Volatility was left at 7.35%, however, over the last 30 days, the volatility rate increased by 12.26%, as shares surge +42.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +60.55% upper at present.
During the last 5 trading sessions, PAYS rose by +24.92%, which changed the moving average for the period of 200-days by +60.55% in comparison to the 20-day moving average, which settled at $3.22. In addition, PaySign Inc saw 46.79% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PAYS starting from Topline Capital Management, LL, who purchase 7,242 shares at the price of $3.07 back on Mar 18 ’24. After this action, Topline Capital Management, LL now owns 6,160,742 shares of PaySign Inc, valued at $22,233 using the latest closing price.
Topline Capital Partners, LP, the 10% Owner of PaySign Inc, purchase 7,242 shares at $3.07 during a trade that took place back on Mar 18 ’24, which means that Topline Capital Partners, LP is holding 6,160,742 shares at $22,233 based on the most recent closing price.
Stock Fundamentals for PAYS
Current profitability levels for the company are sitting at:
- -0.0 for the present operating margin
- 0.49 for the gross margin
The net margin for PaySign Inc stands at 0.14. The total capital return value is set at -0.01. Equity return is now at value 31.68, with 5.05 for asset returns.
Based on PaySign Inc (PAYS), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 8.34. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 0.29.
Currently, EBITDA for the company is 3.86 million with net debt to EBITDA at -27.48. When we switch over and look at the enterprise to sales, we see a ratio of 2.36. The receivables turnover for the company is 2.65for trailing twelve months and the total asset turnover is 0.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
To put it simply, PaySign Inc (PAYS) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
