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. PaySign Inc’s current trading price is -40.61% away from its 52-week high, while its distance from the 52-week low is 38.33%. The stock’s price range during this period has varied between $2.40 and $5.59. The company, active in the Technology sector, saw a trading volume of around 0.92 million for the day, considerably higher average daily volume of 0.17 million observed over the last three months.
PaySign Inc’s stock has had a calm market performance. The 1-year high for the company’s stock was $5.59 on 08/01/24, and the lowest price during the same period was recorded at $2.40 on 01/09/24.
How Financial Performance Impacts Market Capitalization
PaySign Inc (PAYS) has experienced a quarterly decline of -20.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 177.78M and boasts a workforce of 123 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 3.90, with a change in price of -1.15. Similarly, PaySign Inc recorded 161,226 in trading volume during the last 100 days, posting a change of -25.73%.
How PAYS’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 PAYS stands at 0.11. Similarly, the long-term debt-to-equity ratio is also 0.09.
PAYS Stock Stochastic Average
As of today, the raw stochastic average of PaySign Inc over the past 50 days is 37.50%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 68.00%. Additionally, the Stochastic %K and %D values for the company were 43.11% and 32.10%, respectively, over the past 20 days.
PAYS Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 18.57%.However, over the last six months, we can see a stronger performance of -17.21%. Over the last 30 days, the price of PAYS has leaped by -5.14%. And in the last five days, it has surged by 13.31%.
