In a filing, PaySign Inc revealed its Topline Capital Management, LL unloaded Company’s shares for reported $0.77 million on Dec 27 ’24. In the deal valued at $3.31 per share,231,187 shares were sold. As a result of this transaction, Topline Capital Management, LL now holds 5,859,046 shares worth roughly $17.99 million.
Then, Topline Capital Management, LL sold 227,084 shares, generating $697,148 in total proceeds. Upon selling the shares at $3.07, the now owns 5,631,962 shares.
Before that, Topline Capital Management, LL sold 20,834 shares. PaySign Inc shares valued at $63,127 were divested by the at a price of $3.03 per share. As a result of the transaction, Topline Capital Management, LL now holds 5,611,128 shares, worth roughly $17.23 million.
Lake Street initiated its PaySign Inc [PAYS] rating to a Buy in a research note published on December 20, 2024; the price target was $6. A number of analysts have revised their coverage, including Barrington Research’s analysts, who began to cover the stock in late March with a ‘”a Mkt perform”‘ rating. Ladenburg Thalmann also remained covering PAYS and has decreased its forecast on March 24, 2022 with a “Neutral” recommendation from previously “Buy” rating. DA Davidson revised its rating on August 19, 2021. It rated PAYS as “a Buy” which previously was an “a Neutral”.
Price Performance Review of PAYS
On Monday, PaySign Inc [NASDAQ:PAYS] saw its stock jump 7.72% to $3.07. Over the last five days, the stock has gained 2.68%. PaySign Inc shares have risen nearly 1.66% since the year began. Nevertheless, the stocks have risen 16.73% over the past one year. While a 52-week high of $5.59 was reached on 01/06/25, a 52-week low of $2.48 was recorded on 01/10/25. SMA at 50 days reached $3.32, while 200 days put it at $4.11.
Levels Of Support And Resistance For PAYS Stock
The 24-hour chart illustrates a support level at 2.94, which if violated will result in even more drops to 2.82. On the upside, there is a resistance level at 3.15. A further resistance level may holdings at 3.24. The Relative Strength Index (RSI) on the 14-day chart is 48.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.33%. Stochastics %K at 21.22% indicates the stock is a holding.
How much short interest is there in PaySign Inc?
A steep rise in short interest was recorded in PaySign Inc stocks on 2024-12-13, growing by 64115.0 shares to a total of 0.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.34 million shares. There was a rise of 15.78%, which implies that there is a positive sentiment for the stock.
