PaySign Inc (NASDAQ: PAYS)’s stock price has increased by 1.97 compared to its previous closing price of 3.04. However, the company has seen a 5.80% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-20 that Paysign is a promising microcap payment processing company with a projected 42% annualized return, potentially reaching $19/share by 2030 from $3.30/share today. The company excels in two primary sectors: plasma payment processing and pharma patient affordability, both offering significant growth and high gross margins. PAYS’s plasma business boasts a 40% market share with steady 10-15% annual growth, while the pharma segment is expected to surpass plasma with rapid expansion.
Is It Worth Investing in PaySign Inc (NASDAQ: PAYS) Right Now?
PaySign Inc (NASDAQ: PAYS) has a price-to-earnings ratio that is above its average at 20.90x. The stock has a 36-month beta value of 0.95. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for PAYS is 33.44M, and at present, short sellers hold a 1.21% of that float. On December 26, 2024, the average trading volume of PAYS was 167.17K shares.
PAYS’s Market Performance
The stock of PaySign Inc (PAYS) has seen a 5.80% increase in the past week, with a -11.43% drop in the past month, and a -26.19% fall in the past quarter. The volatility ratio for the week is 5.57%, and the volatility levels for the past 30 days are at 4.25% for PAYS. The simple moving average for the past 20 days is -2.61% for PAYS’s stock, with a -24.73% simple moving average for the past 200 days.
Analysts’ Opinion of PAYS
Many brokerage firms have already submitted their reports for PAYS stocks, with Lake Street repeating the rating for PAYS by listing it as a “Buy.” The predicted price for PAYS in the upcoming period, according to Lake Street is $6 based on the research report published on December 20, 2024 of the current year 2024.
Barrington Research, on the other hand, stated in their research note that they expect to see PAYS reach a price target of $4. The rating they have provided for PAYS stocks is “Mkt Perform” according to the report published on March 30th, 2022.
PAYS Trading at -11.07% 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 -44.54% of loss for the given period.
Volatility was left at 4.25%, however, over the last 30 days, the volatility rate increased by 5.57%, as shares sank -9.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.62% lower at present.
During the last 5 trading sessions, PAYS rose by +5.12%, which changed the moving average for the period of 200-days by +1.99% in comparison to the 20-day moving average, which settled at $3.18. In addition, PaySign Inc saw 10.71% 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 Newcomer Mark, who sale 59,000 shares at the price of $3.19 back on Dec 10 ’24. After this action, Newcomer Mark now owns 9,136,886 shares of PaySign Inc, valued at $188,037 using the latest closing price.
Newcomer Mark, the CEO of PaySign Inc, sale 41,000 shares at $3.31 during a trade that took place back on Dec 09 ’24, which means that Newcomer Mark is holding 9,195,886 shares at $135,624 based on the most recent closing price.
Stock Fundamentals for PAYS
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.46 for the gross margin
The net margin for PaySign Inc stands at 0.14. The total capital return value is set at 0.04. Equity return is now at value 34.56, with 5.80 for asset returns.
Based on PaySign Inc (PAYS), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 75.58. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 2.04.
Currently, EBITDA for the company is 3.57 million with net debt to EBITDA at -0.97. When we switch over and look at the enterprise to sales, we see a ratio of 2.83. The receivables turnover for the company is 1.64for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.
Conclusion
To sum up, PaySign Inc (PAYS) has seen a mixed 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.
