PayPay Corporation (NASDAQ:PAYP – Get Free Report)’s share price hit a new 52-week low during trading on Thursday . The company traded as low as $13.40 and last traded at $13.45, with a volume of 1152686 shares trading hands. The stock had previously closed at $14.59.
Analyst Ratings Changes
A number of equities analysts recently commented on the company. Cantor Fitzgerald assumed coverage on PayPay in a research note on Monday, April 6th. They set an “overweight” rating and a $25.00 price target for the company. Deutsche Bank Aktiengesellschaft assumed coverage on PayPay in a research note on Monday, April 6th. They set a “hold” rating and a $20.00 price target for the company. Weiss Ratings assumed coverage on PayPay in a research note on Wednesday, June 3rd. They set a “sell (d+)” rating for the company. Jefferies Financial Group started coverage on PayPay in a research note on Monday, April 6th. They set a “buy” rating and a $28.00 price target for the company. Finally, Benchmark started coverage on PayPay in a research note on Monday, April 6th. They issued a “buy” rating and a $31.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $25.73.
View Our Latest Stock Report on PAYP
PayPay Price Performance
PayPay (NASDAQ:PAYP – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The fintech company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.03. The company had revenue of $644.33 million during the quarter.
PayPay Company Profile
As Japan’s leading financial technology company, we are dedicated to our goal of becoming a digital finance platform for all. We strive to empower the everyday lives of users and businesses by transforming their smartphones into a comprehensive, easy-to-use, and accessible financial platform that centralizes and simplifies numerous daily activities for ultimate convenience. Through a seamless ecosystem of payment, financial and everyday services, we have served as a game-changer in driving the shift to a cashless and digitally empowered economy.
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