Repay Holdings Corporation (NASDAQ:RPAY) shares, rose in value on Thursday, Jan 14, with the stock price up by 1.17% to the previous day’s close as strong demand from buyers drove the stock to $25.03.
Actively observing the price movement in the recent trading, the stock is buoying the session at $24.74, falling within a range of $24.76 and $26.00. The value of beta (5-year monthly) is 0 whereas the PE ratio is 0 over 12-month period. Referring to stock’s 52-week performance, its high was $28.42, and the low was $10.69. On the whole, RPAY has fluctuated by 7.33% over the past month.
We see that RPAY’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
10 analyst(s) have assigned their ratings of the stock’s forecast evaluation on a scale of 1.00-5.00 to indicate a strong buy to a strong sell recommendation. The stock is rated as a Hold by 1 analyst(s), 9 recommend it as a Buy and no body called the RPAY stock Outperform. In the meantime, none analyst(s) believe the stock as Underperform and none think it is a Sell. Thus, investors eager to increase their holdings of the company’s stock will have an opportunity to do so as the average rating for the stock is Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of RPAY currently trading nearly -5.53% and 0.66% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.3, while the 7-day volatility ratio is showing 5.21% which for the 30-day chart, stands at 4.23%. Furthermore, Repay Holdings Corporation (RPAY)’s beta value is 0, and its average true range (ATR) is 1.14. The company’s stock has been forecasted to trade at an average price of $29.22 over the course of the next 52 weeks, with a low of $25 and a high of $32. Based on these price targets, the low is -0.12 off current price, whereas the price has to move +27.85% to reach the yearly target high. Additionally, analysts’ median price of $30 is likely to be welcomed by investors because it represents an increase of +19.86% from the current levels.
A comparison of Repay Holdings Corporation (RPAY) with its peers suggests the former has fared considerably better in the market. RPAY showed an intraday change of +1.17% in today’s session so far, and over the past year, it grew by +55.4%. In comparison, Visa Inc (V) has moved lower at -1.51% today and is up +6.78% over the past 12 months. On the other hand, the price of Mastercard Inc (MA) has fallen -2.12% today. The stock, however, is off 11.49% from where it was a year ago. Additionally, there is a gain of 117% for Fidelity National Information Services (FIS) in recent trading while the stock has seen an overall apprecation of 55.4% over the past year. The PE ratio stands at 0 for Repay Holdings Corporation, compared to 46 for Visa Inc, and 52.18 for Mastercard Inc. Other than that, the overall performance of the S&P 500 during the today’s session so far shows that it gained 0.21%. Meanwhile, the Dow Jones Industrial improved by 0.37%.
Data on historical trading for Repay Holdings Corporation (NASDAQ:RPAY) indicates that the trading volumes over the past 10 days have averaged 1.12 Million and over the past 3 months, they’ve averaged 737.43 Million. According to company’s latest data on outstanding shares, there are 71.17 Million shares outstanding.
Nearly 5.52% of Repay Holdings Corporation’s shares belong to company insiders and institutional investors own 101.05% of the company’s shares, according to Thomson Reuters’ data. The data on short interest also indicates that stock shorts accounted for 4.07 Million shares as on December 30, 2020, resulting in a short ratio of 6.31. According to the data, the short interest in Repay Holdings Corporation (RPAY) stood at 5.71% of shares outstanding as of December 30, 2020; the number of short shares registered in November reached 4.21 Million. The stock has fallen by -9.21% since the beginning of the year, thereby showing the risk of a further decline. This could cause investors’ confidence to be optimistic about the RPAY stock heading into the next quarter.
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