PAYO Stock Summary and Trading Ideas (Payoneer Global | NASDAQ:PAYO)

Payoneer Global Inc is the world's go-to partner for digital commerce, everywhere. The company started to empower global commerce by connecting businesses, professionals, countries, and currencies with its diversified cross-border payments platform.

Payoneer Global trades on the NASDAQ stock market under the symbol PAYO.

As of January 3, 2025, PAYO stock price climbed to $10.48 with 1,695,470 million shares trading.

PAYO has a beta of 1.39, meaning it tends to be more sensitive to market movements. PAYO has a correlation of 0.14 to the broad based SPY ETF.

PAYO has a market cap of $4.00 billion. This is considered a Mid Cap stock.

Last quarter Payoneer Global reported $248 million in Revenue and $.11 earnings per share. This beat revenue expectation by $23 million and exceeded earnings estimates by $.06.

In the last 3 years, PAYO traded as high as $11.29 and as low as $3.33.

The top ETF exchange traded funds that PAYO belongs to (by Net Assets): IJR, VTI, IWM, VB, VXF.

PAYO has outperformed the market in the last year with a price return of +110.9% while the SPY ETF gained +27.8%. PAYO has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +36.6% and +3.6%, respectively, while the SPY returned +4.6% and +0.1%, respectively.

PAYO support price is $9.94 and resistance is $10.36 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PAYO shares will trade within this expected range on the day.