Understanding the Recent Fluctuations of Payoneer Global Inc’s (PAYO) Stock

In the past week, PAYO stock has gone up by 2.33%, with a monthly gain of 33.76% and a quarterly surge of 53.64%. The volatility ratio for the week is 7.44%, and the volatility levels for the last 30 days are 3.43% for Payoneer Global Inc The simple moving average for the last 20 days is 16.49% for PAYO stock, with a simple moving average of 71.79% for the last 200 days.

Is It Worth Investing in Payoneer Global Inc (NASDAQ: PAYO) Right Now?

Payoneer Global Inc (NASDAQ: PAYO) has a price-to-earnings ratio that is above its average at 30.50x. The stock has a 36-month beta value of 0.88. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for PAYO is 279.02M, and at present, short sellers hold a 3.56% of that float. On November 12, 2024, the average trading volume of PAYO was 2.87M shares.

PAYO) stock’s latest price update

Payoneer Global Inc (NASDAQ: PAYO)’s stock price has plunge by 1.44relation to previous closing price of 10.39. Nevertheless, the company has seen a 2.33% surge in its stock price over the last five trading sessions. marketbeat.com reported 2024-11-12 that Every earnings season has its share of outperformers, companies that report blowout quarters and raise their forecasts. The market reacts quickly sending shares sharply higher.

Analysts’ Opinion of PAYO

Many brokerage firms have already submitted their reports for PAYO stocks, with Needham repeating the rating for PAYO by listing it as a “Buy.” The predicted price for PAYO in the upcoming period, according to Needham is $10 based on the research report published on October 07, 2024 of the current year 2024.

The Benchmark Company, on the other hand, stated in their research note that they expect to see PAYO reach a price target of $7. The rating they have provided for PAYO stocks is “Buy” according to the report published on February 13th, 2024.

Berenberg gave a rating of “Buy” to PAYO, setting the target price at $7 in the report published on July 11th of the previous year.

PAYO Trading at 29.48% 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 -3.30% of loss for the given period.

Volatility was left at 3.43%, however, over the last 30 days, the volatility rate increased by 7.44%, as shares surge +31.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +46.60% upper at present.

During the last 5 trading sessions, PAYO rose by +2.62%, which changed the moving average for the period of 200-days by +115.27% in comparison to the 20-day moving average, which settled at $9.05. In addition, Payoneer Global Inc saw 102.30% 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 PAYO starting from Perry Itai, who sale 28,883 shares at the price of $9.72 back on Nov 05 ’24. After this action, Perry Itai now owns 228,738 shares of Payoneer Global Inc, valued at $280,829 using the latest closing price.

ITAI PERI, the Officer of Payoneer Global Inc, proposed sale 28,883 shares at $8.52 during a trade that took place back on Nov 05 ’24, which means that ITAI PERI is holding shares at $246,083 based on the most recent closing price.

Stock Fundamentals for PAYO

Current profitability levels for the company are sitting at:

  • 0.16 for the present operating margin
  • 0.81 for the gross margin

The net margin for Payoneer Global Inc stands at 0.14. The total capital return value is set at 0.19. Equity return is now at value 19.04, with 1.96 for asset returns.

Based on Payoneer Global Inc (PAYO), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at 14.31. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is 1.38.

Currently, EBITDA for the company is 125.25 million with net debt to EBITDA at -2.01. When we switch over and look at the enterprise to sales, we see a ratio of 3.43. The receivables turnover for the company is 69.5for trailing twelve months and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.00.

Conclusion

To sum up, Payoneer Global Inc (PAYO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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.

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