Payoneer Global Inc. (NASDAQ:PAYOW – Get Free Report)’s share price dropped 3.8% during trading on Wednesday . The stock traded as low as $0.23 and last traded at $0.24. Approximately 8,306 shares traded hands during trading, a decline of 87% from the average daily volume of 62,323 shares. The stock had previously closed at $0.25.
Payoneer Global Trading Down 3.8 %
The firm has a 50-day moving average of $0.28 and a 200 day moving average of $0.39.
Institutional Inflows and Outflows
A number of institutional investors have recently bought and sold shares of PAYOW. Two Sigma Investments LP bought a new position in Payoneer Global in the fourth quarter valued at about $68,000. Sea Otter Advisors LLC bought a new position in shares of Payoneer Global in the first quarter worth about $90,000. CSS LLC IL raised its stake in shares of Payoneer Global by 1,690.1% in the fourth quarter. CSS LLC IL now owns 282,024 shares of the company’s stock worth $290,000 after buying an additional 266,269 shares during the period. Finally, Ionic Capital Management LLC bought a new position in shares of Payoneer Global in the first quarter worth about $572,000.
Payoneer Global Company Profile
Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.
Further Reading
- Five stocks we like better than Payoneer Global
- Golden Cross Stocks: Pattern, Examples and Charts
- United Airlines Soars on Earnings Beat
- REIT Stocks – Best REIT Stocks to Add to Your Portfolio Today
- J.B. Hunt Hits the Skids: Lower Prices to Come
- Stock Market Sectors: What Are They and How Many Are There?
- Predicting a Bear Market: 7 Signs and Why it’s Tough to Do
Receive News & Ratings for Payoneer Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Payoneer Global and related companies with MarketBeat.com's FREE daily email newsletter.