Paysign (PAYS) Projected to Post Earnings on Tuesday

Paysign (NASDAQ:PAYSGet Free Report) will likely be posting its quarterly earnings results after the market closes on Tuesday, March 25th. Analysts expect Paysign to post earnings of $0.02 per share and revenue of $15.42 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Paysign Stock Performance

PAYS stock opened at $2.43 on Tuesday. The firm has a market cap of $130.12 million, a price-to-earnings ratio of 16.20 and a beta of 0.93. The firm has a 50-day simple moving average of $2.73 and a two-hundred day simple moving average of $3.34. Paysign has a one year low of $2.31 and a one year high of $5.59.

Wall Street Analysts Forecast Growth

Separately, Lake Street Capital began coverage on shares of Paysign in a research report on Friday, December 20th. They issued a “buy” rating and a $6.00 price objective for the company.

Check Out Our Latest Stock Report on Paysign

Insiders Place Their Bets

In other news, insider Topline Capital Management, Ll sold 120,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $3.24, for a total transaction of $388,800.00. Following the sale, the insider now owns 5,336,146 shares of the company’s stock, valued at $17,289,113.04. This trade represents a 2.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Mark Newcomer sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $2.73, for a total transaction of $273,000.00. Following the sale, the chief executive officer now directly owns 8,936,886 shares in the company, valued at $24,397,698.78. The trade was a 1.11 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 927,087 shares of company stock valued at $2,872,039. 23.40% of the stock is owned by insiders.

Paysign Company Profile

(Get Free Report)

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.

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Earnings History for Paysign (NASDAQ:PAYS)

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