Repay Holdings Corporation (NASDAQ:RPAY) shares traded -0.67% lower at $7.37 on Wall Street last session.
RPAY stock price is now -7.43% away from the 50-day moving average and -17.27% away from the 200-day moving average. The market capitalization of the company currently stands at $1.29B.
With the price target of $10, The Benchmark Company recently initiated with Buy rating for Repay Holdings Corporation (NASDAQ: RPAY). On December 05, 2023, BMO Capital Markets recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $9, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Murphy Timothy John, Chief Financial Officer sold 57,000 shares of the company’s stock on Dec 11 ’24. The stock was sold for $470,250 at an average price of $8.25. Upon completion of the transaction, the Chief Financial Officer now directly owns 450,879 shares in the company, valued at $3.32 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 11 ’24, Officer Murphy Timothy John bought 57,000 shares of the business’s stock. A total of $470,271 was incurred on buying the stock at an average price of $8.25. A total of 17.29% of the company’s stock is owned by insiders.
During the past 12 months, Repay Holdings Corporation has had a low of $7.04 and a high of $11.27. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 2.70, and a quick ratio of 2.70. The fifty day moving average price for RPAY is $7.9612 and a two-hundred day moving average price translates $8.90825 for the stock.
The latest earnings results from Repay Holdings Corporation (NASDAQ: RPAY) was released for 2024-09-30. The net profit margin was -25.53% and return on equity was -9.70% for RPAY. The company reported revenue of $79.14 million for the quarter, compared to $74.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.49 percent. For the current quarter, analysts expect RPAY to generate $82.56M in revenue.
