The Nasdaq Stock Market ended the session with PayPal jumping 4.11% to $214.46 on Wednesday, after four consecutive sessions in a row of gains. The Nasdaq Stock Market jumped 0.48% to $12,094.40, after two consecutive sessions in a row of gains, on what was a somewhat positive trend exchanging session today.
PayPal today’s close was $214.46, 0.64% below its 52-week high of $215.83.
PayPal’s sales growth is 22.7% for the present 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 $214.46 at 16:48 EST, under its 52-week high of $215.83 and way above its 52-week low of $82.07.
PayPal’s value is above its 50-day moving average of $196.17 and way higher than its 200-day moving average of $182.24.
According to Bloomberg Quint on Mon Nov 23, “PayPal CEO Sees Staff Working From Home More Often After Virus.”
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..”