EVO Payments Inc. (NASDAQ:EVOP) remained unchanged to close Tuesday at $33.87 after subtracting $0.0 on the day. The 5-day average trading volume is 878,240 shares of the company’s common stock. It has gained $33.93 in the past week and touched a new high 3 times within the past 5 days. An average of 525,175 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 516,490.
EVOP’s 1-month performance is 0.39% or $0.06 on its low of $33.79 reached on 12/29/22. The company’s shares have touched a 52-week low of $21.01 and high of $33.98, with the stock’s rally to the 52-week high happening on 01/13/23. YTD, EVOP has achieved 0.09% or $0.03 and has reached a new high 8 times. However, the current price is down -0.32% from the 52-week high price.
EVOP stock investors last saw insider trading activity on Dec 20.Wilson Darren (PRESIDENT, INTERNATIONAL) most recently sold 3,500 shares at $33.72 per share on Dec 20. This transaction cost the insider $118,020. PRESIDENT, INTERNATIONAL, Wilson Darren, sold 3,500 shares at a price of $33.66 on Nov 21. Then, on Oct 20, PRESIDENT, INTERNATIONAL Wilson Darren sold 3,500 shares at a price of $33.30 per share. This transaction amounted to $116,550.
EVOP stock has a beta of 1.13. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.28 while the price to cash flow ratio at 14.35.
EVO Payments Inc.’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 1.30.. In terms of profitability, the gross margin trailing 12 months is 83.60%. The firm’s gross profit as reported stood at $420.88 million against revenue of $496.64 million.
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -1076.19% to $0.21 million, while revenue of $4.35 million was -1971.43% off the previous quarter. Analysts expected EVOP to announce $0.27 per share in earnings in its latest quarter, but it posted $0.3, representing a 11.10% surprise. EBITDA for the quarter stood at more than $42.62 million. EVOP stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 2.9 billion, with total debt at $631.7 million. Shareholders hold equity totaling $48.3 million.
Let’s look briefly at EVO Payments Inc. (EVOP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 58.27% to suggest the stock is trending Neutral, with historical volatility in this time period at 0.61%.
The stock’s 5-day moving average is $33.88, reflecting a -0.03% or -$0.01 change from its current price. EVOP is currently trading +0.44% above its 20-day SMA, +1.71% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +0.71% and SMA200 by+49.87%.
Stochastic %K and %D was 44.44% and 47.27% and the average true range (ATR) pointed at 0.06. The RSI (14) points at 62.00%, while the 14-day stochastic is at 38.89% with the period’s ATR at 0.07. The stock’s 9-day MACD Oscillator is pointing at 0.01 and 0.01 on the 14-day charts.
In the most recent analyst report for EVO Payments Inc. (NASDAQ: EVOP), BTIG Research downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for EVOP stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate EVOP as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 1 have offered a “buy” rating.
What is EVOP’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $34.00 and a high of $34.00, with their median price target at $34.00. Looking at these predictions, the average price target given by analysts is for EVO Payments Inc. (EVOP) stock is $34.00.