PaySign Inc (NASDAQ: PAYS)’s stock price has gone rise by 7.66 in comparison to its previous close of 4.57, however, the company has experienced a 6.72% increase in its stock price over the last five trading days. Business Wire reported 2024-04-09 that HENDERSON, Nev.–(BUSINESS WIRE)–Paysign to Host First Quarter 2024 Earnings Call.
Is It Worth Investing in PaySign Inc (NASDAQ: PAYS) Right Now?
The price-to-earnings ratio for PaySign Inc (NASDAQ: PAYS) is above average at 38.20x, Company’s 36-month beta value is 1.11.Analysts have differing 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 32.53M, and currently, short sellers hold a 2.58% ratio of that floaft. The average trading volume of PAYS on May 10, 2024 was 471.05K shares.
PAYS’s Market Performance
The stock of PaySign Inc (PAYS) has seen a 6.72% increase in the past week, with a 17.14% rise in the past month, and a 56.19% gain in the past quarter. The volatility ratio for the week is 5.58%, and the volatility levels for the past 30 days are at 5.82% for PAYS. The simple moving average for the past 20 days is 10.28% for PAYS’s stock, with a 82.01% simple moving average for the past 200 days.
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 27.53% 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 able to rebound, for now settling with 2.52% of gains for the given period.
Volatility was left at 5.82%, however, over the last 30 days, the volatility rate increased by 5.58%, as shares surge +10.31% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +61.31% upper at present.
During the last 5 trading sessions, PAYS rose by +6.72%, which changed the moving average for the period of 200-days by +147.24% in comparison to the 20-day moving average, which settled at $4.48. In addition, PaySign Inc saw 75.71% 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:
- 0.01 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 33.35, with 4.80 for asset returns.
Based on PaySign Inc (PAYS), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 10.14. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is 0.54.
Currently, EBITDA for the company is 3.86 million with net debt to EBITDA at -0.69. When we switch over and look at the enterprise to sales, we see a ratio of 5.1. The receivables turnover for the company is 1.36for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.
Conclusion
In a nutshell, PaySign Inc (PAYS) has experienced a better performance in recent times. The stock has received mixed “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.
