PagSeguro Digital (NYSE:PAGS) Hits New 12-Month Low - Should You Sell?

PagSeguro Digital Ltd. (NYSE:PAGS - Get Free Report)'s share price reached a new 52-week low on Friday . The company traded as low as $7.23 and last traded at $7.24, with a volume of 1753743 shares trading hands. The stock had previously closed at $7.78.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. The Goldman Sachs Group decreased their target price on shares of PagSeguro Digital from $14.00 to $12.00 and set a "buy" rating for the company in a research report on Friday, November 15th. Barclays decreased their target price on shares of PagSeguro Digital from $16.00 to $13.00 and set an "overweight" rating for the company in a research report on Tuesday, October 15th. KeyCorp raised shares of PagSeguro Digital to a "hold" rating in a research report on Friday, November 15th. Itau BBA Securities downgraded shares of PagSeguro Digital from an "outperform" rating to a "market perform" rating and set a $12.00 price objective for the company. in a research report on Tuesday, October 1st. Finally, Cantor Fitzgerald raised shares of PagSeguro Digital to a "strong-buy" rating in a research report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $14.36.

PagSeguro Digital Stock Performance

The firm has a market cap of $2.42 billion, a P/E ratio of 6.07, a P/E/G ratio of 0.40 and a beta of 1.95. The firm's fifty day moving average is $8.21 and its 200 day moving average is $10.60.

Institutional Trading of PagSeguro Digital

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC boosted its holdings in shares of PagSeguro Digital by 26.8% during the 2nd quarter. Nisa Investment Advisors LLC now owns 6,716 shares of the company's stock worth $79,000 after buying an additional 1,421 shares during the period. Y.D. More Investments Ltd raised its stake in PagSeguro Digital by 82.5% in the 2nd quarter. Y.D. More Investments Ltd now owns 3,983 shares of the company's stock worth $47,000 after purchasing an additional 1,800 shares in the last quarter. Truvestments Capital LLC raised its stake in PagSeguro Digital by 9.9% in the 3rd quarter. Truvestments Capital LLC now owns 21,410 shares of the company's stock worth $184,000 after purchasing an additional 1,923 shares in the last quarter. Los Angeles Capital Management LLC raised its stake in PagSeguro Digital by 1.9% in the 2nd quarter. Los Angeles Capital Management LLC now owns 110,951 shares of the company's stock worth $1,297,000 after purchasing an additional 2,083 shares in the last quarter. Finally, Csenge Advisory Group raised its stake in PagSeguro Digital by 21.0% in the 2nd quarter. Csenge Advisory Group now owns 12,410 shares of the company's stock worth $145,000 after purchasing an additional 2,152 shares in the last quarter. Institutional investors own 45.88% of the company's stock.

PagSeguro Digital Company Profile

PagSeguro Digital Ltd., together with its subsidiaries, provides financial technology solutions and services for consumers, individual entrepreneurs, micro-merchants, and small and medium-sized companies in Brazil and internationally. The company's products and services include PagSeguro Ecosystem, a digital ecosystem that operates as a closed loop where its clients are able to address their primary day to day financial needs, including receiving and spending funds, and managing and growing their businesses; PagBank digital account, which offers payment and banking services through the PagBank mobile app, as well as centralizes various cash-in options, functionalities, services, and cash-out options in a single ecosystem; and PlugPag, a tool for medium-sized and larger merchants that enables them to connect their point of sale (POS) device directly to their enterprise resource planning software or sales automation system through Bluetooth.