What’s Next For PYPL?

The PYPL stock price fluctuated between $100.6 and $105.55 throughout the trading session with the volume trading being 25M shares, which represented a positive variation when compared to the three months average volume of 19M shares.

The share price of PayPal Holdings, Inc. (NasdaqGS:PYPL) dipped -2.37% to close Wednesday’s market session at $100.72, lower as compared to yesterday’s close which brings the market valuation of the company to $120.75B.

The 52-week high for the PayPal Holdings, Inc.’s shares is $310.16. That puts it -67.53% from that peak with a 52-week low of $100.60, while the S&P 500’s share price change was of 10.35%.

The company currently has a 29.45 P/E ratio and a price target of $185.33.

What does the trading volume tell us about the PYPL stock?

During the last trading session, PayPal Holdings, Inc. (NasdaqGS:PYPL) has seen growth in its daily volume. The daily volume was of 25M, while in the last 10 days the average was 27.05M and last three months – 19.45M.

Shrinking short interest

The PayPal Holdings, Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 17.96M shares being shorted which translates into 1.29 of a short ratio for PYPL, while in the previous month the shorted shares were 18.69M.

PayPal Holdings, Inc.’s (NasdaqGS:PYPL) financials

With a market cap of 120.75B, PayPal Holdings, Inc. holds a total cash of $9.5B that translates into $8.15 per share, while the total debt is of $9.81B.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 13.10%. The current revenue is of $25.37B that is $21.61 per share.

This is a great sign for a bright future.