Paysafe (NYSE:PSFE) Shares Up 1.7% – Should You Buy?

Shares of Paysafe Limited (NYSE:PSFE) were up 1.7% during trading on Monday . The stock traded as high as $7.08 and last traded at $6.9750. Approximately 425,729 shares changed hands during mid-day trading, a decline of 3% from the average daily volume of 441,019 shares. The stock had previously closed at $6.86.

Analyst Upgrades and Downgrades

PSFE has been the subject of several analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $10.00 price objective (down previously from $17.00) on shares of Paysafe in a research note on Friday, November 14th. BTIG Research reiterated a “buy” rating and set a $11.00 price target (down previously from $22.00) on shares of Paysafe in a research note on Friday, November 14th. UBS Group reduced their target price on Paysafe from $12.00 to $7.00 and set a “sell” rating for the company in a report on Friday, November 14th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Paysafe in a research report on Thursday, January 22nd. Finally, Susquehanna lowered their price target on Paysafe from $15.00 to $9.00 and set a “neutral” rating on the stock in a report on Friday, November 14th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $10.26.

Paysafe Trading Up 1.7%

The firm has a market capitalization of $417.73 million, a P/E ratio of -3.23, a PEG ratio of 0.35 and a beta of 1.75. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 3.50. The business has a 50-day moving average price of $7.83 and a 200-day moving average price of $10.71.

Hedge Funds Weigh In On Paysafe

Several institutional investors have recently added to or reduced their stakes in PSFE. Spire Wealth Management boosted its position in Paysafe by 33.4% in the second quarter. Spire Wealth Management now owns 3,795 shares of the company’s stock valued at $48,000 after buying an additional 950 shares in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Paysafe by 143.1% in the second quarter. Tower Research Capital LLC TRC now owns 5,548 shares of the company’s stock valued at $70,000 after acquiring an additional 3,266 shares during the last quarter. CWM LLC boosted its holdings in shares of Paysafe by 609.7% in the 2nd quarter. CWM LLC now owns 7,282 shares of the company’s stock worth $92,000 after acquiring an additional 6,256 shares in the last quarter. Quantbot Technologies LP bought a new stake in Paysafe during the 2nd quarter worth approximately $106,000. Finally, Magnetar Financial LLC bought a new stake in Paysafe during the 2nd quarter worth approximately $129,000. 54.39% of the stock is owned by institutional investors.

About Paysafe

Paysafe is a global payments provider that delivers a comprehensive suite of online and offline payment solutions. The company operates a diverse portfolio of products, including digital wallets under the Skrill and Neteller brands, prepaid voucher services through paysafecard, and integrated payment processing solutions for merchants. Paysafe’s platform is designed to serve a wide range of industries, from e-commerce and digital goods to gaming, financial services, and regulated verticals, offering tailored risk and compliance management alongside its core transaction capabilities.

Founded through a series of mergers and strategic acquisitions, Paysafe traces its origins to the launch of paysafecard in 2000 and the establishment of Optimal Payments in 1996.