While Payoneer Global Inc has overperformed by 0.10%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PAYO rose by 81.23%, with highs and lows ranging from $10.90 to $4.22, whereas the simple moving average jumped by 66.84% in the last 200 days.
On October 07, 2024, Needham Reiterated Payoneer Global Inc (NASDAQ: PAYO) to Buy. A report published by The Benchmark Company on February 13, 2024, Initiated its previous ‘Buy’ rating for PAYO. Berenberg also rated PAYO shares as ‘Buy’, setting a target price of $7 on the company’s shares in an initiating report dated July 11, 2023. Jefferies Initiated an Buy rating on February 27, 2023, and assigned a price target of $7. Wolfe Research initiated its ‘Outperform’ rating for PAYO, as published in its report on January 11, 2023. Goldman’s report from July 14, 2022 suggests a price prediction of $6.50 for PAYO shares, giving the stock a ‘Buy’ rating. Needham also rated the stock as ‘Buy’.
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Analysis of Payoneer Global Inc (PAYO)
Further, the quarter-over-quarter increase in sales is 19.34%, showing a positive trend in the upcoming months.
One of the most important indicators of Payoneer Global Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 19.04% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.00, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and PAYO is recording 2.79M average volume. On a monthly basis, the volatility of the stock is set at 3.66%, whereas on a weekly basis, it is put at 3.89%, with a loss of -3.28% over the past seven days. Furthermore, long-term investors anticipate a median target price of $12.00, showing growth from the present price of $10.33, which can serve as yet another indication of whether PAYO is worth investing in or should be passed over.
How Do You Analyze Payoneer Global Inc Shares?
The Software – Infrastructure market is dominated by Payoneer Global Inc (PAYO) based in the USA. When comparing Payoneer Global Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 29.89, there is a growth in quarterly earnings of 230.65%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 21.76%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 70.04% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PAYO shares are owned by institutional investors to the tune of 70.04% at present.
