Speaker 1: This is Your PayPal Daily News podcast. As of today,
Speaker 1: PayPal's stock price is sixty eight dollars and ninety five cents.
Speaker 1: This marks a significant drop from its fifty two week
Speaker 1: high of ninety three dollars and sixty six cents. The
Speaker 1: stock has experienced fluctuations recently, with its fifty two week
Speaker 1: low being fifty six dollars and ninety seven cents. The
Speaker 1: average stock price over the past fifty two weeks is
Speaker 1: seventy three dollars. In terms of trading volume, PayPal stock
Speaker 1: typically sees substantial activity, but recent data shows mixed results
Speaker 1: compared to its average. For instance, on certain days, the
Speaker 1: trading volume has been around nine million to twelve million shares,
Speaker 1: which can be lower or higher than its usual average
Speaker 1: depending on market conditions. Recently, there have been several updates
Speaker 1: from analysts. Wolf Research upgraded PayPal from a peer perform
Speaker 1: rating to an outperform rating, setting a price target of
Speaker 1: one hundred and seven dollars a d. Additionally, Keith Boyett
Speaker 1: and Woods raise their price target from ninety two dollars
Speaker 1: to one hundred and four dollars, maintaining an outperform rating.
Speaker 1: City Group also reissued an outperform rating on the stock.
Speaker 1: PayPal's financial performance has been notable, with the company reporting
Speaker 1: earnings per share of one dollar and nineteen cents in
Speaker 1: its last quarterly report, exceeding analysts expectations. The revenue for
Speaker 1: the quarter was eight billion, three hundred and seventy million dollars,
Speaker 1: marking a year over year increase of four point two percent.
Speaker 1: Institutional investors continue to show interest in PayPal, with many
Speaker 1: increasing their stakes in the company despite some volatility. PayPal's
Speaker 1: stock is currently rated as a moderate buy by analysts,
Speaker 1: reflecting a generally positive outlook on its future performance. And
Speaker 1: that is it for today. Hit the subscribe button and
Speaker 1: never miss out. Thanks for listening.