PayPal Holdings Inc (NASDAQ: PYPL) Now $50.25 Higher From Its Low (6.97), Does It Still Have A Growth Story?

money audit

PayPal Holdings Inc (NASDAQ:PYPL) currently has a daily average trading volume of 11.95M but it saw 12481236 shares traded in last market. With a market cap of 59.85B USD, the company’s current market price of $57.22 came falling about -1.46 while comparing to the previous closing price of $58.07. In past 52 weeks, the stock remained buoying in the range of price level as high as $76.54 and as low as $50.25.

Taking a look at 20-day trading activity of PayPal Holdings Inc (PYPL) gives us an average price of $59.42, while its current price level is -25.24% below from 52-week high level whereas it is 13.87% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $61.35 while that of 200 days or SMA-200 reads an average of $60.71. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.30% during that period while stretching the period over a month that decreases to 2.15%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 37.04 which implies that the stock is in neutral territory.

Susquehanna upgraded its recommendation for the stock as a “Positive” from “Neutral” on July 02, 2024 while assigning a price target of $71. Goldman issued its recommendations for the stock as it resumed the price target for the stock is $69.

Over the week, PYPL’s stock price is moving -4.63% down while it is -3.56% when we observe its performance for the past one month. Year-to-date it is -6.82% down and over the past year, the stock is showing a downside performance of -21.57%.

Currently, PayPal Holdings Inc’s total number of outstanding shares is 1.07B. Company’s return on investment (ROI) stands at 14.04% and return on equity (ROE) at 21.40%. It has a price to earnings ratio (P/E ratio) of 14.40 while having a 12.51 of forward P/E ratio. Stock’s beta reads 1.42. Stock has a price to book (P/B) ratio of 2.91 while price to sale or P/S ratio amounts to 1.97. Its return on asset (ROA) is 5.41% on average.