Daily Progress: Paysafe Limited (PSFE) Drop -18.57, Closing at 15.65

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

In the latest session, Paysafe Limited (NYSE: PSFE) closed at $15.65 down -18.57% from its previous closing price of $19.22. In other words, the price has decreased by -$18.57 from its previous closing price. On the day, 1.21 million shares were traded.

Ratios:

For a deeper understanding of Paysafe Limited’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.23. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 2.82 whereas as Long-Term Debt/Eq ratio is at 2.80.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BTIG Research on January 17, 2024, initiated with a Buy rating and assigned the stock a target price of $19.

On November 30, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $11.

On October 20, 2023, UBS started tracking the stock assigning a Sell rating and target price of $10.UBS initiated its Sell rating on October 20, 2023, with a $10 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 23 ’24 when Gatto Robert bought 25,000 shares for $21.63 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56 while its Price-to-Book (P/B) ratio in mrq is 1.08.

Stock Price History:

Over the past 52 weeks, PSFE has reached a high of $26.25, while it has fallen to a 52-week low of $11.94. The 50-Day Moving Average of the stock is -16.33%, while the 200-Day Moving Average is calculated to be -21.04%.

Shares Statistics:

A total of 60.77M shares are outstanding, with a floating share count of 31.04M. Insiders hold about 48.93% of the company’s shares, while institutions hold 32.23% stake in the company.

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