Paysafe (NYSE:PSFE) Shares Cross Above 50-Day Moving Average – Should You Sell?

Shares of Paysafe Limited (NYSE:PSFE – Get Free Report) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $6.04 and traded as high as $6.78. Paysafe shares last traded at $6.5750, with a volume of 691,669 shares.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Wall Street Zen lowered Paysafe from a “buy” rating to a “hold” rating in a research note on Monday, August 3rd. Royal Bank Of Canada set a $9.00 price objective on Paysafe and gave the company a “sector perform” rating in a research note on Friday, August 14th. Susquehanna set a $7.00 price objective on Paysafe and gave the company a “neutral” rating in a report on Wednesday, August 12th. UBS Group set a $7.00 target price on shares of Paysafe and gave the stock a “sell” rating in a research note on Friday, August 14th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Paysafe in a report on Tuesday, August 11th. One analyst has rated the stock with a Buy rating, two have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Paysafe has an average rating of “Reduce” and a consensus target price of $8.50.

Get Our Latest Report on PSFE

Paysafe Trading Up 9.8%

The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 4.38. The company has a fifty day moving average price of $6.04 and a two-hundred day moving average price of $7.10. The firm has a market capitalization of $339.80 million, a price-to-earnings ratio of -1.73 and a beta of 1.80.

Paysafe (NYSE:PSFE – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.43 EPS for the quarter, beating the consensus estimate of $0.39 by $0.04. Paysafe had a positive return on equity of 10.31% and a negative net margin of 11.82%. The firm had revenue of $447.44 million during the quarter, compared to analysts’ expectations of $446.85 million. Paysafe has set its FY 2026 guidance at 1.900-2.030 EPS.

Insider Activity

In other news, insider Richard Swales sold 10,000 shares of Paysafe stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $6.58, for a total transaction of $65,800.00. Following the sale, the insider owned 34,456 shares of the company’s stock, valued at approximately $226,720.48. The trade was a 22.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Private Management Group Inc. lifted its stake in Paysafe by 4.7% during the third quarter. Private Management Group Inc. now owns 2,910,973 shares of the company’s stock worth $16,389,000 after purchasing an additional 131,379 shares in the last quarter. Palogic Value Management L.P. purchased a new stake in shares of Paysafe during the second quarter worth approximately $374,000. Engineers Gate Manager LP acquired a new stake in shares of Paysafe in the 2nd quarter valued at $98,000. Public Employees Retirement System of Ohio purchased a new stake in Paysafe during the 2nd quarter worth about $350,000. Finally, Bank of America Corp DE lifted its stake in Paysafe by 74.3% during the first quarter. Bank of America Corp DE now owns 65,947 shares of the company’s stock worth $449,000 after purchasing an additional 28,117 shares during the last quarter. Institutional investors and hedge funds own 54.39% of the company’s stock.

About Paysafe

(Get Free Report)

Paysafe Limited is a specialized payments platform that provides payment processing, digital wallet and online cash solutions to businesses and consumers. Its services are designed to help merchants accept payments across digital commerce, mobile applications, online marketplaces and other channels.

The company’s portfolio includes the Skrill and Neteller digital wallets, which support online payments, money transfers and related financial services. Paysafe also operates paysafecard, a prepaid cash-based payment method that enables consumers to make online purchases without using a traditional bank account or credit card.

Paysafe serves merchants and consumers across multiple international markets, with a particular focus on sectors such as online gaming, sports betting, digital entertainment, travel, financial services and small businesses.

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