Payoneer Global Inc. (NASDAQ:PAYO – Get Rating) CFO Michael G. Levine sold 7,536 shares of the company’s stock in a transaction dated Tuesday, November 22nd. The shares were sold at an average price of $5.36, for a total transaction of $40,392.96. Following the completion of the sale, the chief financial officer now directly owns 1,160,235 shares in the company, valued at approximately $6,218,859.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Payoneer Global Price Performance
PAYO traded up $0.13 during trading on Thursday, hitting $5.57. The company’s stock had a trading volume of 1,903,133 shares, compared to its average volume of 3,974,485. Payoneer Global Inc. has a twelve month low of $3.33 and a twelve month high of $8.04. The firm’s 50 day moving average price is $6.66 and its 200-day moving average price is $5.73. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.03.
Analyst Ratings Changes
PAYO has been the topic of a number of recent research reports. Keefe, Bruyette & Woods upped their target price on Payoneer Global from $8.00 to $9.00 in a research note on Monday, October 10th. Needham & Company LLC upped their price objective on Payoneer Global from $9.00 to $10.00 and gave the company a “buy” rating in a research report on Thursday, November 10th. The Goldman Sachs Group dropped their price objective on Payoneer Global to $9.00 in a research report on Tuesday, November 15th. Finally, Citigroup upped their target price on shares of Payoneer Global from $9.00 to $10.00 and gave the company a “buy” rating in a report on Thursday, November 10th.
Institutional Investors Weigh In On Payoneer Global
Payoneer Global Company Profile
Payoneer Global Inc operates a payment and commerce-enabling platform that facilitates marketplaces, platforms and online merchants worldwide. It delivers a suite of services that includes cross-border payments, B2B accounts payable/accounts receivable, multi-currency account, physical and virtual Mastercard cards, working capital, merchant, tax, compliance and risk, and others.
- Get a free copy of the StockNews.com research report on Payoneer Global (PAYO)
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