PayPal Holdings Inc (NASDAQ: PYPL): Still A Hot Buy?

PayPal Holdings Inc (NASDAQ:PYPL) price is hovering higher on Monday, April 15, jumping 0.03% above its previous close.

A look at today’s price movement shows that the recent level at last check reads $64.59. The company’s P/E ratio in the trailing 12-month period read 16.79. Taking into account the 52-week price action we note that the stock hit a 52-week high of $77.95 and 52-week low of $50.25. The stock added 2.56% on its value in the past month.

Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give PYPL a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Buy, while an average of long term indicators are currently assigning the stock as 50% Buy.

If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.85. The overview shows that PYPL’s price is at present -1.10% off the SMA20 and 4.06% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 51.45, with weekly volatility standing at 2.12%. The indicator jumps to 2.54% when calculated based on the past 30 days. PayPal Holdings Inc (NASDAQ:PYPL)’s beta value is holding at 1.44, while the average true range (ATR) indicator is currently reading 1.68.

An analysis of the PayPal Holdings Inc (NASDAQ:PYPL) stock in terms of its daily trading volume indicates that the 3-month average is 17.38 million.

Current records show that the company has 1.07B in outstanding shares. The insiders’ percentage holdings are 0.89% of outstanding shares while the percentage share held by institutions stands at 70.44%. But the 5.21% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.

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