Paysafe Limited [PSFE] moved up 2.10: Why It’s Important

Paysafe Limited [NYSE: PSFE] closed the trading session at $10.70 on 07/28/21. The day’s price range saw the stock hit a low of $10.40, while the highest price level was $10.7402. The company report on July 26, 2021 that Paysafe Expands its Board with the Appointment of Mark Brooker as Non-Executive Director.

Former Betfair senior executive and William Hill board member brings deep iGaming industry experience to the expanded Paysafe Board.

Paysafe (NYSE: PSFE), a leading specialized payments platform, announced it has appointed seasoned executive, Mark Brooker, as an independent non-executive board director effective July 22. Brooker joins as an additional member of the board, which is led by chairman Bill Foley, and also includes executive director and Paysafe CEO, Philip McHugh.

The stocks have a year to date performance of -29.14 percent and weekly performance of 0.38 percent. The stock has been moved at -28.14 percent over the last six months. The stock has performed -13.29 percent around the most recent 30 days and changed -22.41 percent over the most recent 3-months.

If compared to the average trading volume of 7.57M shares, PSFE reached to a volume of 3239136 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Paysafe Limited [PSFE]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PSFE shares is $16.43 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PSFE stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cowen have made an estimate for Paysafe Limited shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on June 28, 2021. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Outperform. The new note on the price target was released on June 18, 2021, representing the official price target for Paysafe Limited stock. Previously, the target price had yet another raise to $17, while Susquehanna analysts kept a Positive rating on PSFE stock.

The Average True Range (ATR) for Paysafe Limited is set at 0.48, with the Price to Sales ratio for PSFE stock in the period of the last 12 months amounting to 5.33. The Price to Book ratio for the last quarter was 0.51, with the Price to Cash per share for the same quarter was set at 2.20.

PSFE stock trade performance evaluation

Paysafe Limited [PSFE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.38. With this latest performance, PSFE shares dropped by -13.29% in over the last four-week period, additionally sinking by -28.14% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PSFE stock in for the last two-week period is set at 43.59, with the RSI for the last a single of trading hit 45.43, and the three-weeks RSI is set at 43.17 for Paysafe Limited [PSFE]. The present Moving Average for the last 50 days of trading for this stock 11.42, while it was recorded at 10.63 for the last single week of trading.

Paysafe Limited [PSFE]: An insightful look at the core fundamentals

When it comes to the capital structure of this company, Paysafe Limited [PSFE] has a Total Debt to Total Equity ratio set at 0.12. Additionally, PSFE Total Debt to Total Capital is recorded at 0.12, with Total Debt to Total Assets ending up at 0.11.

Reflecting on the efficiency of the workforce at the company, Paysafe Limited [PSFE] managed to generate an average of -$1,740,507 per employee.Paysafe Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.10.

Paysafe Limited [PSFE]: Insider Ownership positions

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Positions in Paysafe Limited stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 124 institutional holders increased their position in Paysafe Limited [NYSE:PSFE] by around 387,874,067 shares. Additionally, 83 investors decreased positions by around 28,292,792 shares, while 18 investors held positions by with 3,692,770 shares. The mentioned changes placed institutional holdings at 412,474,089 shares, according to the latest SEC report filing. PSFE stock had 87 new institutional investments in for a total of 342,702,069 shares, while 61 institutional investors sold positions of 23,781,115 shares during the same period.

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