Paysafe Limited (NYSE:PSFE) shares traded 0.80% higher at $17.68 on Wall Street last session.
PSFE stock price is now 7.05% away from the 50-day moving average and 29.89% away from the 200-day moving average. The market capitalization of the company currently stands at $1.07B.
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With the price target of $19, BTIG Research recently initiated with Buy rating for Paysafe Limited (NYSE: PSFE). On November 30, 2023, Jefferies recently initiated its ‘Hold’ rating on the stock quoting a target price of $11, while ‘UBS’ rates the stock as ‘Sell’
A total of 50.44% of the company’s stock is owned by insiders.
During the past 12 months, Paysafe Limited has had a low of $9.25 and a high of $19.83. As of last week, the company has a debt-to-equity ratio of 2.85, a current ratio of 1.12, and a quick ratio of 1.12. The fifty day moving average price for PSFE is $16.5408 and a two-hundred day moving average price translates $13.63465 for the stock.
The latest earnings results from Paysafe Limited (NYSE: PSFE) was released for 2024-03-31. The net profit margin was -0.82% and return on equity was -1.53% for PSFE. The company reported revenue of $417.74 million for the quarter, compared to $387.85 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.71 percent.
