Paysign (PAYS) Expected to Announce Earnings on Tuesday

Paysign (NASDAQ:PAYS) is anticipated to release its earnings data after the market closes on Tuesday, March 25th. Analysts expect Paysign to post earnings of $0.02 per share and revenue of $15.42 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Paysign Stock Performance

PAYS stock opened at $2.34 on Friday. Paysign has a fifty-two week low of $2.25 and a fifty-two week high of $5.59. The business’s 50-day moving average is $2.69 and its two-hundred day moving average is $3.28. The company has a market cap of $125.30 million, a price-to-earnings ratio of 15.60 and a beta of 0.93.

Insider Activity

In related news, insider Topline Capital Management, Ll sold 231,187 shares of the firm’s stock in a transaction that occurred on Friday, December 27th. The stock was sold at an average price of $3.31, for a total transaction of $765,228.97. Following the completion of the sale, the insider now directly owns 5,859,046 shares of the company’s stock, valued at approximately $19,393,442.26. This trade represents a 3.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Mark Newcomer sold 61,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $2.89, for a total value of $176,290.00. Following the sale, the chief executive officer now directly owns 9,075,886 shares of the company’s stock, valued at $26,229,310.54. This represents a 0.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 927,087 shares of company stock valued at $2,872,039 in the last ninety days. Insiders own 23.40% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Lake Street Capital started coverage on Paysign in a research report on Friday, December 20th. They issued a “buy” rating and a $6.00 price target for the company.

About Paysign

Paysign, Inc provides prepaid card programs, comprehensive patient affordability offerings, digital banking services, and integrated payment processing services for businesses, consumers, and government institutions. Its product offerings include solutions for corporate rewards, prepaid gift cards, general purpose reloadable debit cards, employee incentives, consumer rebates, donor compensation, clinical trials, healthcare reimbursement payments and pharmaceutical payment assistance, and demand deposit accounts accessible with a debit card.