Previous Close | 2.0500 |
Open | 2.0800 |
Bid | 2.0800 x 21500 |
Ask | 2.0700 x 21500 |
Day's Range | 2.0200 - 2.1100 |
52 Week Range | 1.7200 - 10.7900 |
Volume | |
Avg. Volume | 5,817,991 |
Market Cap | 1.494B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -1.6940 |
Earnings Date | Aug 10, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 3.25 |
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Shares of Paysafe Ltd. were falling 2.3% in after-hours trading Wednesday after RBC Capital Markets analyst Daniel Perlin downgraded the payment company's stock to sector perform from outperform in the wake of the company's latest earnings report. The company's latest report and outlook point to "a challenging macro backdrop, especially for its European iGaming business, FX [foreign-exchange] headwinds, and difficult comparisons in its eCash business (given the lapping of stimulus)." Perlin ackn
The online payments company now expects $1.47 billion $1.49 billion in revenue, while it had predicted $1.53 billion to $1.58 billion earlier.
Shares of Paysafe Ltd. were falling 11% in premarket trading Wednesday after the payments company cut its full-year forecast. Paysafe posted a second-quarter net loss of $631.5 million, or 87 cents a share, compared with a loss of $6.6 million, or 4 cents a share, in the year-prior period. The latest quarter's figure included a $676.5 million impairment charge, reflecting "a sustained decline in Paysafe's market capitalization, as well as current market and macroeconomic conditions." On an adjus