Repay Holdings Corporation (NASDAQ: RPAY) is 1.52% higher on its value in year-to-date trading and has touched a low of $6.32 and a high of $11.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The RPAY stock was last observed hovering at around $8.79 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $8.67, the stock is 6.95% and 7.34% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.19 million and changing -1.37% at the moment leaves the stock -6.18% off its SMA200. RPAY registered 30.38% gain for a year compared to 6-month loss of -15.91%. The firm has a 50-day simple moving average (SMA 50) of $8.0697 and a 200-day simple moving average (SMA200) of $9.2374.
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The stock witnessed a 11.15% gain in the last 1 month and extending the period to 3 months gives it a 4.96%, and is -1.48% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.47% over the week and 3.87% over the month.
Repay Holdings Corporation (RPAY) has around 512 employees, a market worth around $810.84M and $310.76M in sales. Fwd P/E is 8.60. Profit margin for the company is -28.56%. Distance from 52-week low is 37.18% and -23.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.03%).
The EPS is expected to grow by 5.95% this year
233.0 institutions hold shares in Repay Holdings Corporation (RPAY), with institutional investors hold 107.31% of the company’s shares. The shares outstanding are 90.80M, and float is at 72.45M with Short Float at 8.87%. Institutions hold 90.13% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 8.07 million shares valued at $85.19 million. The investor’s holdings represent 8.8436 of the RPAY Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.6 million shares valued at $48.59 million to account for 5.0438 of the shares outstanding. The other top investors are ROYCE & ASSOCIATES LP which holds 4.17 million shares representing 4.5743 and valued at over $44.06 million, while SUNRIVER MANAGEMENT LLC holds 4.3295 of the shares totaling 3.95 million with a market value of $41.7 million.
Repay Holdings Corporation (RPAY) Insider Activity
The most recent transaction is an insider sale by Moore Jacob Hamilton, the company’s Executive Vice President. SEC filings show that Moore Jacob Hamilton sold 51,694 shares of the company’s common stock on Sep 13 ’24 at a price of $8.00 per share for a total of $0.41 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Sep 06 ’24, Moore Jacob Hamilton (Executive Vice President) disposed off 7,198 shares at an average price of $8.18 for $58880.0. The insider now directly holds 140,130 shares of Repay Holdings Corporation (RPAY).
