PaySign (PAYS) Gets a Buy Rating from Maxim Group


In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on PaySign (PAYS), with a price target of $7.00. The company’s shares closed last Wednesday at $5.16.

According to TipRanks.com, Diana is a 3-star analyst with an average return of 1.0% and a 50.9% success rate. Diana covers the Financial sector, focusing on stocks such as First Eagle Alternative Capital BDC, First Savings Financial Group, and Westamerica Bancorporation.

PaySign has an analyst consensus of Hold, with a price target consensus of $6.33.

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The company has a one-year high of $10.98 and a one-year low of $3.63. Currently, PaySign has an average volume of 460K.

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PaySign, Inc. engages in the provision of prepaid card programs and processing services for corporate, consumer and government applications. It specializes in corporate incentive products, payroll cards, general purpose re-loadable cards, and travel cards. It markets its prepaid solutions through its PaySign brand. The company was founded by Mark R. Newcomer and Daniel H. Spencer on August 24, 1995 and is headquartered in Henderson, NV.

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