Repay Holdings Corporation (NASDAQ:RPAY) shares, rose in value, with the stock price up by 1.60% to the previous day’s close as strong demand from buyers drove the stock to $10.17.
Actively observing the price movement in the last trading, the stock closed the session at $10.01. Referring to stock’s 52-week performance, its high was $11.22, and the low was $5.61. On the whole, RPAY has fluctuated by -7.96% over the past month.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 318.37M, with a low estimate of 76.2M and a high estimate of 81.65M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 78.82M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that RPAY’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of RPAY currently trading nearly 1.42% and 3.49% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.68, while the 7-day volatility ratio is showing 3.52% which for the 30-day chart, stands at 3.04%. Furthermore, Repay Holdings Corporation (RPAY)’s beta value is 1.36, and its average true range (ATR) is 0.33.
A comparison of Repay Holdings Corporation (RPAY) with its peers suggests the former has fared considerably weaker in the market. RPAY showed an intraday change of 1.60% in last session, and over the past year, it grew by 70.07%%.
Data on historical trading for Repay Holdings Corporation (NASDAQ:RPAY) indicates that the trading volumes over the past 3 months, they’ve averaged 655.50K. According to company’s latest data on outstanding shares, there are 90.80 million shares outstanding.
Nearly 16.29% of Repay Holdings Corporation’s shares belong to company insiders and institutional investors own 79.88% of the company’s shares. The stock has risen by 19.09% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the RPAY stock heading into the next quarter.
