While this happened, Citigroup upgraded its PagSeguro Digital Ltd [PAGS] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. BofA Securities also remained covering PAGS and has decreased its forecast on December 10, 2024 with a “Neutral” recommendation from previously “Buy” rating. Itau BBA revised its rating on October 01, 2024. It rated PAGS as “a Market perform” which previously was an “an Outperform”.
Price Performance Review of PAGS
On Friday, PagSeguro Digital Ltd [NYSE:PAGS] saw its stock fall -1.20% to $9.85. Over the last five days, the stock has gained 2.18%. PagSeguro Digital Ltd shares have risen nearly 57.35% since the year began. Nevertheless, the stocks have fallen -23.05% over the past one year. While a 52-week high of $14.82 was reached on 04/29/25, a 52-week low of $6.11 was recorded on 01/10/25. SMA at 50 days reached $8.44, while 200 days put it at $8.62.
Levels Of Support And Resistance For PAGS Stock
The 24-hour chart illustrates a support level at 9.61, which if violated will result in even more drops to 9.38. On the upside, there is a resistance level at 10.04. A further resistance level may holdings at 10.24. The Relative Strength Index (RSI) on the 14-day chart is 62.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.08%. Stochastics %K at 78.17% indicates the stock is a holding.