Repay Holdings Corporation (NASDAQ:RPAY) shares traded 1.61% higher at $8.21 on Wall Street last session.
RPAY stock price is now 1.81% away from the 50-day moving average and -11.13% away from the 200-day moving average. The market capitalization of the company currently stands at $1.44B.
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With the price target of $10, The Benchmark Company recently initiated with Buy rating for Repay Holdings Corporation (NASDAQ: RPAY). On December 05, 2023, BMO Capital Markets recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $9, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Moore Jacob Hamilton, Executive Vice President sold 51,694 shares of the company’s stock on Sep 13 ’24. The stock was sold for $413,552 at an average price of $8.00. Upon completion of the transaction, the Executive Vice President now directly owns 140,130 shares in the company, valued at $1.15 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 11 ’24, Officer Moore Jacob Hamilton bought 51,694 shares of the business’s stock. A total of $413,552 was incurred on buying the stock at an average price of $8.00. A total of 17.37% of the company’s stock is owned by insiders.
During the past 12 months, Repay Holdings Corporation has had a low of $7.04 and a high of $11.27. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 2.70, and a quick ratio of 2.70. The fifty day moving average price for RPAY is $8.0669 and a two-hundred day moving average price translates $9.23785 for the stock.
The latest earnings results from Repay Holdings Corporation (NASDAQ: RPAY) was released for 2024-09-30. The net profit margin was -25.53% and return on equity was -9.70% for RPAY. The company reported revenue of $79.14 million for the quarter, compared to $74.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.49 percent.
