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Paysafe Limited (NYSE:PSFE) Is Currently -90.49% Below Its 52-Week High, But Downside Potential Could Surprise You.

In last trading session, Paysafe Limited (NYSE:PSFE) saw 0.57 million shares changing hands with its beta currently measuring 2.01. Company’s recent per share price level of $12.73 trading at -$0.15 or -1.16% at ring of the bell on the day assigns it a market valuation of $779.97M. That closing price of PSFE’s stock is at a discount of -90.49% from its 52-week high price of $24.25 and is indicating a premium of 27.34% from its 52-week low price of $9.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.67 million shares which gives us an average trading volume of 432.99K if we extend that period to 3-months.

Paysafe Limited (NYSE:PSFE) trade information

Upright in the red during last session for losing -1.16%, in the last five days PSFE remained trading in the green while hitting it’s week-highest on Wednesday, 11/15/23 when the stock touched $12.73 price level, adding 10.04% to its value on the day. Paysafe Limited’s shares saw a change of -8.35% in year-to-date performance and have moved 21.24% in past 5-day. Paysafe Limited (NYSE:PSFE) showed a performance of 15.41% in past 30-days. Number of shares sold short was 1.59 million shares which calculate 3.77 days to cover the short interests.

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Paysafe Limited (PSFE) estimates and forecasts

Statistics highlight that Paysafe Limited is scoring comparatively lower than the scores of other players of the relevant industry. The company added 15.31% of value to its shares in past 6 months, showing an annual growth rate of 5.78% while that of industry is 9.10. Apart from that, the company came raising its revenue forecast for fiscal year 2023. The company is estimating its revenue growth to increase by 126.80% in the current quarter and calculating 450.00% increase in the next quarter. This year revenue growth is estimated to rise 7.00% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $414.62 million for the same. And 7 analysts are in estimates of company making revenue of $415.32 million in the next quarter that will end on Mar 2024. Company posted $383.57 million and $387.85 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 8.10% while estimating it to be 7.10% for the next quarter.

In 2023, company’s earnings growth rate is likely to be around 12.76% while estimates for its earnings growth in next 5 years are of 9.00%.

PSFE Dividends

Paysafe Limited is more likely to be releasing its next quarterly report on November 14 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

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