Company Overview - Payoneer Global Inc. (PAYO) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a high likelihood of outperforming the market [3] Price Performance - Over the past week, PAYO shares increased by 1.2%, while the Zacks Technology Services industry declined by 0.51% [5] - In the last month, PAYO's price change was 36.05%, significantly outperforming the industry's 1.76% [5] - Over the past quarter, PAYO shares rose by 52.57%, and over the last year, they increased by 101.89%, compared to the S&P 500's gains of 15.2% and 38.09%, respectively [6] Trading Volume - PAYO's average 20-day trading volume is 3,134,674 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, three earnings estimates for PAYO have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from 0.32 [9] - For the next fiscal year, two estimates have also moved upwards with no downward revisions [9]
Are You Looking for a Top Momentum Pick? Why Payoneer Global Inc. (PAYO) is a Great Choice