PaySign Inc [PAYS] stock prices are up 7.72% to $3.07 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The PAYS shares have gain 2.68% over the last week, with a monthly amount drifted -3.76%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
PaySign Inc [NASDAQ: PAYS] stock has seen the most recent analyst activity on December 20, 2024, when Lake Street initiated its Buy rating and assigned the stock a price target of $6. Previously, Barrington Research started tracking the stock with Mkt Perform rating on March 30, 2022, and set its price target to $4. On March 24, 2022, downgrade downgraded it’s rating to Neutral. DA Davidson upgraded its rating to a Buy. Ladenburg Thalmann upgraded its rating to a Buy and raised its price target to $3.75 on August 12, 2021. Ladenburg Thalmann upgraded its rating to Neutral for this stock on May 12, 2021, but kept the price target unchanged to $3.50. In a note dated December 23, 2020, Canaccord Genuity downgraded an Hold rating on this stock but restated the target price of $5.
The stock price of PaySign Inc [PAYS] has been fluctuating between $2.48 and $5.59 over the past year. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. PaySign Inc [NASDAQ: PAYS] shares were valued at $3.07 at the most recent close of the market. An investor can expect a potential return of 46.58% based on the average PAYS price forecast.
Analyzing the PAYS fundamentals
The PaySign Inc [NASDAQ:PAYS] reported sales of 56.47M for trailing twelve months, representing a surge of 23.03%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.31 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.94 points at the first support level, and at 2.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.15, and for the 2nd resistance point, it is at 3.24.
Ratios To Look Out For
It’s worth pointing out that PaySign Inc [NASDAQ:PAYS]’s Current Ratio is 1.09. On the other hand, the Quick Ratio is 1.09, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 2.91, the price to book ratio is 5.76 and price to earnings (TTM) ratio is 20.70.
Transactions by insiders
Recent insider trading involved Topline Capital Management, LL, that happened on Dec 27 ’24 when 0.23 million shares were sold., Topline Capital Management, LL completed a deal on Dec 30 ’24 to sell 0.23 million shares. Meanwhile, Topline Capital Management, LL sold 20834.0 shares on Dec 31 ’24.
