Paymentus Holdings Inc (NYSE:PAY) currently has a daily average trading volume of 488.73K but it saw 606424 shares traded in last market. With a market cap of 4.63B USD, the company’s current market price of $36.96 came rising about 4.64 while comparing to the previous closing price of $35.32. 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.
Taking a look at 20-day trading activity of Paymentus Holdings Inc (PAY) gives us an average price of $31.42, while its current price level is -5.08% below from 52-week high level whereas it is 118.18% 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 $28.80 while that of 200 days or SMA-200 reads an average of $27.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.11% during that period while stretching the period over a month that increases to 4.92%. 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 76.16 which implies that the stock is in overbought 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 10.49% up while it is 51.66% when we observe its performance for the past one month. Year-to-date it is 13.13% up and over the past year, the stock is showing an upside performance of 66.49%.
Currently, Paymentus Holdings Inc’s total number of outstanding shares is 35.09M with 4.09% of that held by the insiders while 74.89% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 10.03% and return on equity (ROE) at 10.80%. It has a price to earnings ratio (P/E ratio) of 93.31 while having a 50.04 of forward P/E ratio. Stock’s beta reads 1.62. Stock has a price to book (P/B) ratio of 9.24 while price to sale or P/S ratio amounts to 4.81. Its return on asset (ROA) is 9.19% on average.
