The stock of Paysafe Limited (NYSE:PSFE) last traded at $17.15, down -1.27% from the previous session.
PSFE stock price is now -11.22% away from the 50-day moving average and -10.23% away from the 200-day moving average. The market capitalization of the company currently stands at $1.04B.
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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’
In other news, Gatto Robert, Officer bought 25,000 shares of the company’s stock on Aug 23 ’24. The stock was bought for $540,857 at an average price of $21.63. A total of 48.93% of the company’s stock is owned by insiders.
During the past 12 months, Paysafe Limited has had a low of $11.94 and a high of $26.25. As of last week, the company has a debt-to-equity ratio of 2.82, a current ratio of 1.14, and a quick ratio of 1.14. The fifty day moving average price for PSFE is $19.4132 and a two-hundred day moving average price translates $19.0911 for the stock.
The latest earnings results from Paysafe Limited (NYSE: PSFE) was released for 2024-09-30. The net profit margin was -1.38% and return on equity was -2.68% for PSFE. The company reported revenue of $427.1 million for the quarter, compared to $396.41 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 7.74 percent. For the current quarter, analysts expect PSFE to generate $437.41M in revenue.
