Paymentus Holdings Inc (NYSE:PAY) price on Friday, March 21, fall -0.29% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $27.29.
A look at the stock’s price movement, the close in the last trading session was $27.37, moving within a range at $26.4328 and $27.48. The beta value (5-Year monthly) was 1.686 while the PE ratio in trailing twelve months stood at 78.92. Turning to its 52-week performance, $38.94 and $16.94 were the 52-week high and 52-week low respectively. Overall, PAY moved -6.41% over the past month.
Paymentus Holdings Inc’s market cap currently stands at around $3.41 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-09.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PAY is a 50% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
7 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 2 recommend PAY as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
The technical evaluation for the stock shows the PEG ratio is 3.79, with PAY’s current price about -0.70% and -7.86% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 45.25, while 7-day volatility ratio is 4.26% and 6.47% in the 30-day chart. Further, Paymentus Holdings Inc (PAY) has a beta value of 1.64, and an average true range (ATR) of 1.70. Analysts have given the company’s stock an average 52-week price target of $36, forecast between a low of $36 and high of $36. Looking at the price targets, the low is -31.92% off current price level while to achieve the yearly target high, price needs to move -31.92%. Nonetheless, investors will most likely welcome a -31.92% jump to $36 which is the analysts’ median price.
If we refocus on Paymentus Holdings Inc (NYSE:PAY), historical trading data shows that trading volumes averaged 0.84 over the past 10 days and 471.30K over the past 3 months. The company’s latest data on shares outstanding shows there are 32.14 million shares.
The 79.22% of Paymentus Holdings Inc’s shares are in the hands of company insiders while institutional holders own 17.34% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.87 million on 2025-02-28, giving us a short ratio of 2.57. The data shows that as of 2025-02-28 short interest in Paymentus Holdings Inc (PAY) stood at 376.0 of shares outstanding, with shares short rising to 0.59 million registered in 2025-01-31. Current price change has pushed the stock -16.47% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PAY stock continues to rise going into the next quarter.
