Repay Holdings Corporation [NASDAQ: RPAY] loss -1.59% or -0.06 points to close at $3.72 with a heavy trading volume of 1778687 shares.
The daily chart for RPAY points out that the company has recorded -53.50% loss over the past six months.
If we look at the average trading volume of 1.21M shares, RPAY reached to a volume of 1778687 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Repay Holdings Corporation [RPAY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RPAY shares is $9.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RPAY stock is a recommendation set at 2.00. 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.
The Benchmark Company have made an estimate for Repay Holdings Corporation shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 13, 2024. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price to Market Perform. The new note on the price target was released on December 05, 2023, representing the official price target for Repay Holdings Corporation stock. Previously, the target price had yet another raise to $8, while UBS analysts kept a Neutral rating on RPAY stock.
The Average True Range (ATR) for Repay Holdings Corporation is set at 0.30, with the Price to Sales ratio for RPAY stock in the period of the last 12 months amounting to 1.12. The Price to Book ratio for the last quarter was 0.43, with the Price to Cash per share for the same quarter was set at 2.38. Price to Free Cash Flow for RPAY in the course of the last twelve months was 2.36 with Quick ratio for the last quarter at 2.69.
Trading performance analysis for RPAY stock
Repay Holdings Corporation [RPAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.12. With this latest performance, RPAY shares dropped by -30.21% in over the last four-week period, additionally sinking by -53.50% over the last 6 months – not to mention a drop of -63.39% in the past year of trading.
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 RPAY stock in for the last two-week period is set at 29.38, with the RSI for the last a single of trading hit 28.39, and the three-weeks RSI is set at 30.07 for Repay Holdings Corporation [RPAY]. The present Moving Average for the last 50 days of trading for this stock 5.37, while it was recorded at 3.87 for the last single week of trading, and 7.41 for the last 200 days.
Repay Holdings Corporation [RPAY]: A deeper dive into fundamental analysis
Repay Holdings Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.69 and a Current Ratio set at 2.69.
Repay Holdings Corporation [RPAY]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RPAY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Repay Holdings Corporation go to 4.85%.
An analysis of Institutional ownership at Repay Holdings Corporation [RPAY]
The top three institutional holders of RPAY stocks are: BLACKROCK INC. with ownership of 8.07 million shares, which is approximately 8.7855%. VANGUARD GROUP INC, holding 4.6 million shares of the stock with an approximate value of $$48.59 million in RPAY stocks shares; and VANGUARD GROUP INC, currently with $$44.06 million in RPAY stock with ownership which is approximately 4.5443%.
