Payoneer Global Inc. (NASDAQ:PAYO – Get Free Report) Director Scott H. Galit sold 150,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $7.07, for a total transaction of $1,060,500.00. Following the sale, the director now owns 1,809,674 shares of the company’s stock, valued at $12,794,395.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Payoneer Global Stock Up 0.7 %
Payoneer Global stock traded up $0.05 during mid-day trading on Friday, hitting $7.44. The company’s stock had a trading volume of 14,785 shares, compared to its average volume of 2,677,979. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.09 and a quick ratio of 1.09. Payoneer Global Inc. has a 52-week low of $4.22 and a 52-week high of $7.45. The firm’s 50 day moving average is $5.98 and its 200 day moving average is $5.48. The company has a market cap of $2.78 billion, a PE ratio of 24.63 and a beta of 0.82.
Payoneer Global (NASDAQ:PAYO – Get Free Report) last posted its quarterly earnings results on Wednesday, August 7th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.06 by $0.03. The business had revenue of $239.50 million during the quarter, compared to analysts’ expectations of $223.12 million. Payoneer Global had a net margin of 13.19% and a return on equity of 17.56%. The firm’s quarterly revenue was up 15.9% compared to the same quarter last year. During the same period last year, the company posted $0.12 earnings per share. On average, analysts anticipate that Payoneer Global Inc. will post 0.23 earnings per share for the current year.
Analyst Upgrades and Downgrades
View Our Latest Stock Analysis on Payoneer Global
Institutional Investors Weigh In On Payoneer Global
Institutional investors have recently modified their holdings of the stock. Quarry LP acquired a new position in shares of Payoneer Global in the second quarter worth $29,000. Federated Hermes Inc. purchased a new position in Payoneer Global in the fourth quarter valued at about $29,000. SageView Advisory Group LLC acquired a new position in Payoneer Global in the 1st quarter worth about $39,000. Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of Payoneer Global by 27.8% during the 1st quarter. Harel Insurance Investments & Financial Services Ltd. now owns 9,541 shares of the company’s stock worth $46,000 after purchasing an additional 2,074 shares in the last quarter. Finally, Sage Rhino Capital LLC acquired a new stake in shares of Payoneer Global during the 2nd quarter valued at about $56,000. Institutional investors and hedge funds own 82.22% of the company’s stock.
Payoneer Global Company Profile
Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.
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