Repay (NASDAQ:RPAY) Sets New 1-Year High at $15.00

Repay Holdings Corporation (NASDAQ:RPAY)’s share price hit a new 52-week high on Thursday . The stock traded as high as $15.00 and last traded at $15.00, with a volume of 2830 shares trading hands. The stock had previously closed at $14.85.

Several analysts recently weighed in on the company. ValuEngine raised Repay from a “sell” rating to a “hold” rating in a report on Friday, November 8th. Cantor Fitzgerald set a $16.00 price objective on Repay and gave the company a “buy” rating in a report on Tuesday, October 15th. Northland Securities reissued a “buy” rating and issued a $15.00 price objective on shares of Repay in a report on Friday, November 15th. Finally, Zacks Investment Research lowered Repay from a “buy” rating to a “hold” rating in a report on Friday, September 20th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Repay presently has an average rating of “Buy” and a consensus target price of $15.00.

The company has a debt-to-equity ratio of 0.42, a current ratio of 1.78 and a quick ratio of 1.78. The stock has a market capitalization of $582.38 million, a PE ratio of -107.07 and a beta of -0.04. The stock’s fifty day moving average price is $13.87.

Several large investors have recently bought and sold shares of RPAY. Tower Research Capital LLC TRC bought a new position in shares of Repay during the third quarter valued at approximately $102,000. California Public Employees Retirement System bought a new position in shares of Repay during the third quarter valued at approximately $187,000. 1492 Capital Management LLC bought a new position in shares of Repay during the third quarter valued at approximately $746,000. Public Employees Retirement System of Ohio bought a new position in shares of Repay during the third quarter valued at approximately $1,272,000. Finally, Taylor Frigon Capital Management LLC bought a new position in shares of Repay during the third quarter valued at approximately $1,967,000. 55.05% of the stock is owned by institutional investors.

Repay Company Profile (NASDAQ:RPAY)

Repay Holdings Corporation provides integrated payment processing solutions in the United States. The company offers credit and debit card processing, automated clearing house processing, and funding solutions. It primarily serves clients in consumer finance, automotive, receivables management, and healthcare sectors, as well as financial institutions.

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