Pagaya Technologies Ltd. (NASDAQ:PGYWW – Get Free Report) dropped 1.2% during mid-day trading on Wednesday . The company traded as low as $0.3330 and last traded at $0.3410. Approximately 7,973 shares traded hands during trading, a decline of 56% from the average daily volume of 18,221 shares. The stock had previously closed at $0.3450.
Pagaya Technologies Trading Down 1.2%
The business has a fifty day simple moving average of $0.36 and a two-hundred day simple moving average of $0.44.
About Pagaya Technologies
Pagaya Technologies is a financial technology company that leverages artificial intelligence and machine learning to transform credit and asset management. By ingesting vast amounts of structured and alternative data, Pagaya’s platform is designed to assess credit risk more accurately than traditional underwriting methods. The company uses proprietary algorithms to analyze patterns in borrower behavior and market dynamics, enabling its clients to make data-driven decisions across consumer, small-business and other lending verticals.
Pagaya offers its services through a cloud-based asset management platform that supports the full credit lifecycle, from loan origination and risk assessment to portfolio selection and securitization.
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