PYPL trading volume has lost -2760045 shares compared to readings over the past three months as it recently exchanged 5579955 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 8340000 shares, and this is 0.67 times the normal volume. A look at its technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 61.69 point.
PayPal Holdings, Inc. (NASDAQ:PYPL) climbed by 17.8% over the past three months which led to its overall six-month increase to stand at 9.77%. The equity price rose 1% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a 6.13% gain over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 20.8% and is now up by 15.95% since start of this year.
The shares of PayPal Holdings, Inc. dropped by -1.96% or -$1.95 from its last recorded high of $99.45 which it attained on January 03 to close at $97.5 per share. Over the past 52 weeks, the shares of PayPal Holdings, Inc. has been trading as low as $70.22 before witnessing a massive surge by 38.85% or $27.28. This price movement has led to the PYPL stock receiving more attention and has become one to watch out for. It jumped by 0.05% on Tuesday and this got the market excited. The stock’s beta now stands at 1.04 and when compared to its 200-day moving average and its 50-day moving average, PYPL price stands 12.04% above and 5.87% above respectively. Its average daily volatility for this week is 1.44% which is less than the 1.57% recorded over the past month.
Experts from research firms are bullish about the near-term performance of PayPal Holdings, Inc. (PYPL) with most of them predicting a $101.93 price target on a short-term (12 months) basis. The average price target by the analysts will see a 4.54% rise in the stock and would lead to PYPL’s market cap to surge to $120.28B. The stock has been rated an average 2, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 44 analysts that track PayPal Holdings, Inc. (NASDAQ:PYPL) and find out that 14 of them rated it as a Hold. 30 of the 30 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
The price of IAC/InterActiveCorp (NASDAQ:IAC) currently stands at $209.49 after it went up by $1.54 or 0.74% and has found a strong support at $203.83 a share. If the IAC price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $198.17 mark would also be bad for the stock as it means that the stock would plunge by 5.4% from its current position. However, if the stock price is able to trade above the resistance point around $212.82, then it could likely surge higher to try and break the upward resistance which stands at $216.15 a share. Its average daily volatility over the past one month stands at 2.23%. The stock has plunged by 3.81% from its 52-weeks high of $201.5 which it reached on Dec. 02, 2019. In general, it is 38.52% above its 52-weeks lowest point which stands at $128.8 and this setback was observed on Apr. 05, 2018.
The IAC stock Stochastic Oscillator (%D) is at 22.63%, which means that it is currently oversold and its prices could jump very soon. The shares P/S ratio stands at 4.14. The stock currently has an estimated price-earnings (P/E) multiple of 28.18, which is lower than the 30.85 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 15.6% over the past five years.
Analysts view IAC/InterActiveCorp (NASDAQ:IAC) as a Buy, with 1.9 consensus rating. Reuters surveyed 19 analysts that follow IAC and found that 2 of those analysts rated the stock as a Hold. The remaining 17 were divided, with 17 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying IAC/InterActiveCorp (IAC) shares or sell it if they already own it.
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