PaySign Inc (PAYS) stock poised to deliver a potential return of 53.06%

At the time of writing, PaySign Inc [PAYS] stock is trading at $2.94, down -6.07%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PAYS shares have gain 8.09% over the last week, with a monthly amount glided 2.80%, and 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.

For the past year, the stock price of PaySign Inc fluctuated between $2.46 and $5.59. Currently, Wall Street analysts expect the stock to reach $4.5 within the next 12 months. PaySign Inc [NASDAQ: PAYS] shares were valued at $2.94 at the most recent close of the market. An investor can expect a potential return of 53.06% based on the average PAYS price forecast.

Analyzing the PAYS fundamentals

According to PaySign Inc [NASDAQ:PAYS], the company’s sales were 56.47M for trailing twelve months, which represents an 23.03% jump. 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 of0.11.

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 2.86 points at the first support level, and at 2.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.09, and for the 2nd resistance point, it is at 3.25.

Ratios To Look Out For

It is important to note that PaySign Inc [NASDAQ:PAYS] has a current ratio of 1.09. Further, the Quick Ratio stands at 1.09, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 2.79, the price to book ratio is 5.52 and price to earnings (TTM) ratio is 19.82.

Transactions by insiders

Recent insider trading involved Newcomer Mark, CEO, that happened on Jan 21 ’25 when 61000.0 shares were sold. CEO, Newcomer Mark completed a deal on Jan 22 ’25 to sell 27000.0 shares. Meanwhile, CEO Newcomer Mark sold 12000.0 shares on Jan 23 ’25.

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