PayPal has been somewhat immune to the crisis with its shares jumping 4.22% to $214.69 at 15:13 EST on Wednesday, following yesterday’s downward trend. The Nasdaq Stock Market is jumping 0.04% to $11,895.20, after two consecutive sessions in a row of losses, on what as yet seems, a somewhat positive trend exchanging session today.
PayPal’s last close was $189.10, 0.53% under its 52-week high of $215.83.
PayPal’s sales growth is 22.7% for the present quarter and 21.5% for the next. The company’s growth estimates for the present quarter and the next is 15.1% and 48.5%, respectively.
Year-on-year quarterly revenue growth grew by 24.7%, now sitting on 20.3B for the twelve trailing months.
PayPal’s stock is valued at $214.69 at 15:13 EST, under its 52-week high of $215.83 and way higher than its 52-week low of $82.07.
PayPal’s worth is higher than its 50-day moving average of $195.19 and way higher than its 200-day moving average of $175.60.
PayPal CEO sees staff working from home more often after virus. According to Bloomberg Quint on Mon Nov 23, “PayPal Holdings employees will probably spend more time working from home even after the coronavirus pandemic is over..”