Repay Holdings Corporation (NASDAQ:RPAY) price on Wednesday, July 10, fall -3.47% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $9.17.
A look at the stock’s price movement, the close in the last trading session was $9.50. Turning to its 52-week performance, $11.27 and $5.63 were the 52-week high and 52-week low respectively. Overall, RPAY moved -10.62% over the past month.
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Repay Holdings Corporation’s market cap currently stands at around $878.39 million.
Analysts have a consensus estimate of 76M for the company’s revenue for the quarter, with a low and high estimate of 74.55M and 76.98M respectively. The average forecast suggests up to a 5.90% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 319.15M, representing a 7.60% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RPAY is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
RPAY’s current price about -11.89% and -10.69% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 30.87, while 7-day volatility ratio is 6.14% and 4.58% in the 30-day chart. Further, Repay Holdings Corporation (RPAY) has a beta value of 1.42, and an average true range (ATR) of 0.47.
If we refocus on Repay Holdings Corporation (NASDAQ:RPAY), historical trading data shows that trading volumes averaged 935.97K over the past 3 months. The company’s latest data on shares outstanding shows there are 90.80 million shares.
The 16.34% of Repay Holdings Corporation’s shares are in the hands of company insiders while institutional holders own 79.45% of the company’s shares. Current price change has pushed the stock 7.38% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RPAY stock continues to rise going into the next quarter.
