A Guide To The Risks Of Investing In PagSeguro Digital Ltd. (PAGS)


Meanwhile, Credit Suisse downgraded its PagSeguro Digital Ltd. [PAGS] rating to a Neutral from a an Outperform in a research note published on Tuesday. PT values the company’s stock at a premium of 15.0 to its Tuesday closing price. A number of analysts have revised their coverage, including New Street’s analysts, who increased its forecast for the stock in late December from “a Neutral” to “a Buy”. Morgan Stanley also remained covering PAGS and has decreased its forecast on December 07, 2022 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Goldman revised its rating on December 01, 2022. It rated PAGS as “a Sell” which previously was an “a Neutral”.

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Price Performance Review of PAGS

On Tuesday, PagSeguro Digital Ltd. [NYSE:PAGS] saw its stock jump 2.86% to $9.35. On the same session, the stock had its day’s lowest price of $8.91, but rose to a high of $9.39. Over the last five days, the stock has gained 3.09%. PagSeguro Digital Ltd. shares have risen nearly 6.98% since the year began. Nevertheless, the stocks have fallen -54.92% over the past one year. While a 52-week high of $23.29 was reached on 01/12/23, a 52-week low of $7.51 was recorded on 01/03/23. SMA at 50 days reached $9.64, while 200 days put it at $12.68. A total of 2.6 million shares were traded, compared to the trading of 3.91 million shares in the previous session.

Levels Of Support And Resistance For PAGS Stock

The 24-hour chart illustrates a support level at 9.04, which if violated will result in even more drops to 8.74. On the upside, there is a resistance level at 9.52. A further resistance level may holdings at 9.70. The Relative Strength Index (RSI) on the 14-day chart is 53.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.94%. Stochastics %K at 60.36% indicates the stock is a holding.

How much short interest is there in PagSeguro Digital Ltd.?

A steep rise in short interest was recorded in PagSeguro Digital Ltd. stocks on Oct 13, 2022, growing by 1.5 million shares to a total of 6.73 million shares. Yahoo Finance data shows the prior-month short interest on Sep 14, 2022 was 5.23 million shares. There was a rise of 22.29%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 4.89% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.91.

PagSeguro Digital Ltd. [PAGS] – Who Are The Largest Shareholders?

In filings from Capital Research & Management Co, it is revealed that the company now owns 24,478,274 shares, or roughly 12.26% of the outstanding PAGS shares. In other words, the investor’s shares have risen by 118,816 from its previous 13-F filing of 24359458.0. Additionally, Fidelity Management & Research Co increased 15.16% of its stake after which the total value it holdings stand at $159,351,456, while Sylebra Capital Ltd. added 5.72% of its stake to hold $92.7 million in the firm. Over the last quarter, Tekne Capital Management LLC purchased 702,453 shares of PagSeguro Digital Ltd., while Point72 Asset Management LP bought 2,089,309 shares. At present, Sands Capital Management LLC is holding 5,990,544 shares valued at $52.36 million. Axiom Investors LLC owned 4,872,090 shares of the company at the time of its most recent 13F filing, worth $42.58 million.


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