The stock of PaySign Inc (PAYS) has seen a -1.55% decrease in the past week, with a 47.68% gain in the past month, and a 69.58% flourish in the past quarter. The volatility ratio for the week is 6.15%, and the volatility levels for the past 30 days are at 7.78% for PAYS. The simple moving average for the past 20 days is 20.43% for PAYS’s stock, with a 79.47% simple moving average for the past 200 days.
Is It Worth Investing in PaySign Inc (NASDAQ: PAYS) Right Now?
The price-to-earnings ratio for PaySign Inc (NASDAQ: PAYS) is 37.14x, which is above its average ratio. Moreover, the 36-month beta value for PAYS is 1.05. Analysts have varying opinions 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 2.87% of that float. On April 12, 2024, PAYS’s average trading volume was 431.75K shares.
PAYS) stock’s latest price update
PaySign Inc (NASDAQ: PAYS)’s stock price has plunge by 6.19relation to previous closing price of 4.20. Nevertheless, the company has seen a -1.55% plunge in its stock price over the last five trading sessions. Business Wire reported 2024-04-09 that HENDERSON, Nev.–(BUSINESS WIRE)–Paysign to Host First Quarter 2024 Earnings Call.
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 34.38% 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 -5.11% of loss for the given period.
Volatility was left at 7.78%, however, over the last 30 days, the volatility rate increased by 6.15%, as shares surge +46.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +45.75% upper at present.
During the last 5 trading sessions, PAYS fell by -1.55%, which changed the moving average for the period of 200-days by +86.61% in comparison to the 20-day moving average, which settled at $3.77. In addition, PaySign Inc saw 59.29% 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 2.75. 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 wrap up, the performance of PaySign Inc (PAYS) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
