PayPal has been somewhat immune to the crisis with its shares jumping 2.09% to $205.01 at 14:11 EST on Tuesday, after three successive sessions in a row of gains. The Nasdaq Stock Market is rising 1.11% to $12,011.90, following yesterday’s upward trend, on what so far seems, an all-around positive trend trading session today.
According to yesterday’s article on Bloomberg Quint, “PayPal CEO Sees Staff Working From Home More Often After Virus.”
PayPal CEO sees staff working from home more often after virus. According to yesterday’s article on Bloomberg Quint, “PayPal Holdings employees will probably spend more time working from home even after the coronavirus pandemic is over..”
PayPal’s last close was $200.82, under its 52-week high of $215.83.
PayPal’s sales growth is 22.7% for the ongoing quarter and 21.1% for the next. The company’s growth estimates for the current 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 $205.01 at 14:11 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 $195.92 and way above its 200-day moving average of $181.80.