Wall Street Analyst Downgrade Paysafe Limited [PSFE]. What else is Wall St. saying
Paysafe Ltd [NYSE: PSFE] It traded at the lowest level on 09/22/22, recording a loss of -4.55 after which it closed the day’s session at $1.47. Company report on September 21 2022 Paysafe joins the Speedly Partnership Program for International Merchant Payments.
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Speedly offers Paysafe’s payment gateway to merchants across the UK and Europe.
Paysafe (NYSE: PSFE), a leading specialized payments platform, has announced a new partnership with Spreedly, the leading global provider of payment regulation platform, to bring Paysafe’s payment gateway to Spreedly’s international merchant base.
The results of the trading session contributed to the trading of more than 4,138,127 shares. Over the past week, Paysafe Limited’s price volatility was 6.02% while volatility over the past month was 6.68%.
PSFE’s stock has a market capitalization of $1.12 billion, with 724.69 million shares outstanding and 545.24 million shares in current float. Compared to an average trading volume of 4.72 million shares, PSFE reached a trading volume of 4,138,127 on the last trading day, which is why market watchers consider the stock to be active.
What Top Market Experts Say About Paysafe Limited [PSFE]?
Based on careful, fact-backed analysis by Wall Street experts, the current consensus on a target price for PSFE shares is $2.75 per share. Target price analysis and stock performance are usually carefully studied by market experts, and the current Wall Street consensus on PSFE stock is a set recommendation at 3.10. This rating represents a strong buy recommendation, on a scale of 1 to 5, where 5 means strong sell, 4 represents sell, 3 represents hold, and 2 indicates buy.
Susquehanna made an estimate for Paysafe Limited stock, keeping their opinion of the stock as neutral, with their previous recommendation back on August 31, 2022. While those analysts held the previous recommendation, RBC Capital Mkts lowered their target price from $4 to $3. The new note on price target was released on August 11, 2022, which is the official target price for Paysafe Limited stock. Previously, the target price had fallen again from $2.25 to $2, while Credit Suisse retained Underperform’s rating on PSFE stock.
Paysafe Limited’s Average True Range (ATR) is set at 0.12, with the PSFE stock’s price-to-sales ratio for the past 12-month period being 0.76. The price-to-book ratio for the most recent quarter was 1.32, with the price-to-cash ratio per share in the same quarter set at 0.32. The PSFE free cash flow rate for the past 12 months was 0.72 with a Q4 quick ratio of 1.10.
How has PSFE stock been performing lately?
Paysafe Ltd [PSFE] It fell into the red at the end of last week, fell in a negative direction and fell by -15.52. With this latest performance, PSFE shares are down -19.67% over the past four-week period, and also down -59.28% over the past six months – not to mention a -81.67% drop in the last year of trading.
Overbought and oversold stocks can be easily tracked by the Relative Strength Index (RSI), where an RSI result of over 70 is overbought, and any price below 30 indicates oversold conditions. The RSI of 50 represents neutral momentum in the market. The current RSI for the PSFE stock for the last two weeks is set at 32.86, with the RSI for the last one trading at 27.49, and the three-week RSI is set at 36.21 for Paysafe Limited [PSFE]. The current moving average for the last 50 trading days for this stock is 1.9038 while it recorded at 1.5660 for the last trading week, and 2.8029 for the last 200 days.
Paysafe Ltd [PSFE]: A deeper look into the basics
Operating margin for any share indicates how profitable the investment is, Paysafe Limited [PSFE] The stock currently has an operating margin of +5.43 and a gross margin of +42.09. Paysafe Limited’s net margin is currently -7.46.
The return on equity for this stock fell to -5.58, with the return on assets remaining at -2.54.
Paysafe Limited’s liquidity data is also interesting, with the quick ratio at 1.10 and the trading ratio at 1.10.
Business Insider for Paysafe Ltd. [PSFE]
There are currently approximately $516 million, or 49.00% of PSFE’s stock, in the hands of institutional investors. The three largest PSFE shareholders are: BLACKSTONE INC. With ownership of 130,976,349, which is approximately 5.86% of the company’s market capitalization and approximately 24.87% of the total institutional ownership; CANNAE HOLDINGS, INC. , owns 59,758,642 shares with an approximate value of $87.84 million in PSFE stock; and FIDELITY NATIONAL FINANCIAL, INC. , currently holds $73.5 million in PSFE stock with ownership of approximately 0% of the company’s market capitalization.
Positions in Paysafe Limited shares held by institutional investors increased at the end of August and at the time of the August report, with 99 institutional owners consolidating their positions in Paysafe Limited [NYSE:PSFE] About 40606,971 shares. In addition, 114 investors decreased their positions by 19,512,993 shares, while 44 investors took positions by about 291,007,567 shares. The said changes put institutional holdings at 3,51,127,531 shares, according to the latest report from the Securities and Exchange Commission. PSFE share had 40 new institutional investors with a total of 7,916,707 shares, while 52 institutional investors sold positions of 7,410,337 shares during the same period.