Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Paymentus Holdings Inc’s current trading price is -3.44% away from its 52-week high, while its distance from the 52-week low is 220.88%. The stock’s price range during this period has varied between $7.52 and $24.99. The company, active in the Technology sector, saw a trading volume of around 0.62 million for the day, considerably higher average daily volume of 0.26 million observed over the last three months.
Paymentus Holdings Inc’s stock has seen a smooth market performance. The company’s stock achieved a 1-year high of $24.99 on 03/13/24, and the lowest price during that time was $7.52, recorded on 03/21/23.
How Financial Performance Impacts Market Capitalization
Paymentus Holdings Inc (PAY) has experienced a quarterly rise of 35.94% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.99B and boasts a workforce of 1273 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.12, with a change in price of +9.57. Similarly, Paymentus Holdings Inc recorded 231,507 in trading volume during the last 100 days, posting a change of +65.73%.
How PAY’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for PAY stands at 0.02. Similarly, the long-term debt-to-equity ratio is also 0.02.
PAY Stock Stochastic Average
As of today, the raw stochastic average of Paymentus Holdings Inc over the past 50 days is 91.59%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 91.59%. Additionally, the Stochastic %K and %D values for the company were 80.17% and 79.25%, respectively, over the past 20 days.
PAY Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. This year’s metric has recorded a Price increase of 35.03%. However, over the past six months, we’ve seen a weaker performance of 51.48%. The price of PAY fallen by 55.58% over the last 30 days. And in the last five days, it has fallen by -2.98%.
