In today’s recent session, 0.66 million shares of the PaySign Inc (NASDAQ:PAYS) have been traded, and its beta is 0.51. Most recently the company’s share price was $4.24, and it changed around $0.4 or 10.29% from the last close, which brings the market valuation of the company to $229.63M. PAYS at last check was trading at a discount to its 52-week high of $5.59, offering almost -31.84% off that amount. The share price’s 52-week low was $1.80, which indicates that the recent value has risen by an impressive 57.55% since then. We note from PaySign Inc’s average daily trading volume that its 10-day average is 0.35 million shares, with the 3-month average coming to 243.81K.
PaySign Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended PAYS as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight.
PaySign Inc (NASDAQ:PAYS) trade information
Instantly PAYS has been showing a green trend so far today with a performance of 10.29% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.25 on recent trading dayincreased the stock’s daily price by 0.24%. The company’s shares are currently up 40.24% year-to-date, but still up 18.47% over the last five days. On the other hand, PaySign Inc (NASDAQ:PAYS) is 82.55% up in the 30-day period. We can see from the shorts that 0.53 million shares have been sold at a short interest cover period of 2.77 day(s).
The consensus price target as assigned by Wall Street analysts is $6, which translates to bulls needing to increase their stock price by 29.33% from its current value. Analyst projections state that PAYS is forecast to be at a low of $6 and a high of $6.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -12.87%.
PAYS Dividends
PaySign Inc’s next quarterly earnings report is expected to be released on 2025-May-07.
PaySign Inc (NASDAQ:PAYS)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 36.60% of PaySign Inc shares, and 33.82% of them are in the hands of institutional investors. The stock currently has a share float of 53.34%. PaySign Inc stock is held by 110.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 4.1261% of the shares, which is about 2.19 million shares worth $9.43 million.
VANGUARD GROUP INC, with 3.294% or 1.75 million shares worth $7.53 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF were the top two Mutual Funds as of Dec 31, 2024 . The former held 994.86 shares worth $4.22 million, making up 1.83% of all outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held roughly 905.16 shares worth around $3.84 million, which represents about 1.67% of the total shares outstanding.
