Paysign (NASDAQ:PAYS - Get Free Report) is anticipated to announce its earnings results after the market closes on Tuesday, March 25th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $15.42 million for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.
Paysign Stock Down 0.2 %
NASDAQ:PAYS traded down $0.01 on Friday, hitting $2.36. The stock had a trading volume of 197,476 shares, compared to its average volume of 271,962. The business's 50-day simple moving average is $2.70 and its two-hundred day simple moving average is $3.31. The stock has a market cap of $126.11 million, a price-to-earnings ratio of 15.63 and a beta of 0.93. Paysign has a 52-week low of $2.26 and a 52-week high of $5.59.
Insiders Place Their Bets
In related news, CEO Mark Newcomer sold 100,000 shares of the company's stock in a transaction on Monday, February 24th. The shares were sold at an average price of $2.73, for a total value of $273,000.00. Following the completion of the transaction, the chief executive officer now owns 8,936,886 shares of the company's stock, valued at approximately $24,397,698.78. This represents a 1.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Topline Capital Management, Ll sold 231,187 shares of the stock in a transaction on Friday, December 27th. The stock was sold at an average price of $3.31, for a total value of $765,228.97. Following the completion of the sale, the insider now owns 5,859,046 shares of the company's stock, valued at $19,393,442.26. The trade was a 3.80 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 927,087 shares of company stock worth $2,872,039 over the last three months. 23.40% of the stock is currently owned by company insiders.
Analyst Ratings Changes
Separately, Lake Street Capital initiated coverage on shares of Paysign in a research report on Friday, December 20th. They set a "buy" rating and a $6.00 target price for the company.
Check Out Our Latest Stock Analysis on PAYS
About Paysign
(
Get Free Report)
Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.
Further Reading
Before you consider Paysign, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paysign wasn't on the list.
While Paysign currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
