Paymentus Holdings Inc (NYSE:PAY) currently has a daily average trading volume of 459.15K but it saw 296246 shares traded in last market. With a market cap of 3.64B USD, the company’s current market price of $29.14 came rising about 0.10 while comparing to the previous closing price of $29.11. In past 52 weeks, the stock remained buoying in the range of price level as high as $38.94 and as low as $16.94. In the recent trading on the day, stock has struck highest price mark of $28.81 while lowest mark touched by it was $29.76.
Taking a look at 20-day trading activity of Paymentus Holdings Inc (PAY) gives us an average price of $27.08, while its current price level is -25.17% below from 52-week high level whereas it is 72.02% 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 $28.11 while that of 200 days or SMA-200 reads an average of $26.76. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.40% during that period while stretching the period over a month that increases to 5.56%. 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 56.48 which implies that the stock is in neutral territory.
Robert W. Baird upgraded its recommendation for the stock as a “Outperform” from “Neutral” on July 10, 2024 while assigning a price target of $23.
Over the week, PAY’s stock price is moving 10.09% up while it is 4.74% when we observe its performance for the past one month. Year-to-date it is -10.81% down and over the past year, the stock is showing an upside performance of 50.13%.
The company is expected to be releasing its next quarterly report on 2025-Mar-09, for which analysts forecasted an EPS of 0.13 while estimate for next year EPS is 0.56. In next quarter, company is expected to be making quarterly sales of $255.1M as analysts are expecting the sales for current fiscal year at $1.07B and seeing the company making $1.29B in sales next year. Moreover, analysts are in estimates of $251.16M for current-quarter revenue.
Currently, Paymentus Holdings Inc’s total number of outstanding shares is 32.14M. Company’s return on investment (ROI) stands at 8.98% and return on equity (ROE) at 9.65%. It has a price to earnings ratio (P/E ratio) of 84.27 while having a 40.64 of forward P/E ratio. Stock’s beta reads 1.52. Stock has a price to book (P/B) ratio of 7.49 while price to sale or P/S ratio amounts to 4.18. Its return on asset (ROA) is 8.08% on average.
