Global Payments, Inc (NYSE:GPN) shares, rose in value, with the stock price down by -1.00% to the previous day’s close as strong demand from buyers drove the stock to $74.99.
Actively observing the price movement in the last trading, the stock closed the session at $75.75. The PE ratio was 12.11 over 12-month period. Referring to stock’s 52-week performance, its high was $120.00, and the low was $65.93. On the whole, GPN has fluctuated by 0.92% over the past month.
With the market capitalization of Global Payments, Inc currently standing at about $18.29 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.00, with its dividend yield at 1.33%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 9.29B, with a low estimate of 2.34B and a high estimate of 2.39B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.36B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GPN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.17, with the price of GPN currently trading nearly -5.11% and -10.47% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 37.93, while the 7-day volatility ratio is showing 1.86% which for the 30-day chart, stands at 1.85%. Furthermore, Global Payments, Inc (GPN)’s beta value is 0.93, and its average true range (ATR) is 2.52.
A comparison of Global Payments, Inc (GPN) with its peers suggests the former has fared considerably weaker in the market. GPN showed an intraday change of -1.00% in last session, and over the past year, it shrunk by -27.36%%.
Data on historical trading for Global Payments, Inc (NYSE:GPN) indicates that the trading volumes over the past 3 months, they’ve averaged 3.57 million. According to company’s latest data on outstanding shares, there are 245.36 million shares outstanding.
Nearly 0.97% of Global Payments, Inc’s shares belong to company insiders and institutional investors own 94.02% of the company’s shares. The stock has fallen by -33.08% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GPN stock heading into the next quarter.
