PayPal Holdings (PYPL) Shares are Up 2.31%

PayPal Holdings (PYPL) has been under a strong bear grip, hence the stock is down -0.49% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.87% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.31% in the last 1 week, and is up 1.98% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

PayPal Holdings (NASDAQ:PYPL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.55 and $37.55 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $38.10, notching a gain of 2.14% for the day. The total traded volume was 7,670,438 . The stock had closed at $37.30 on the previous day.

The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 1.88%. PayPal Holdings, Inc. has dropped 3.5% during the last 3-month period . Year-to-Date the stock performance stands at 5.25%.

PayPal Holdings (PYPL) : 25 investment research analysts covering PayPal Holdings (PYPL) have an average price target of $43.48 for the near short term. The highest target price given by the Brokerage Firm to the stock is $50 and the lowest target is $32 for the short term. Analysts expect the variance to be within $4.41 of the average price.


PayPal Holdings, Inc. (PayPal) is a technology platform company, which enables digital and mobile payments on behalf of consumers and merchants around the world. The Company focuses on its consumers, merchants, friends and family to access and move their money through its platform using various devices, such as mobile, tablets, personal computers and wearables. It provides businesses of various sizes to accept payments from merchant Websites, mobile devices and applications, and at offline retail locations through a range of payment solutions across its Payments Platform, including PayPal, PayPal Credit, Venmo and Braintree products. PayPal gateway products include Payflow Payments and Braintree products. The Company enables its consumers to fund a purchase using a bank account, a PayPal account balance, a PayPal Credit account, a credit or debit card, or other stored value products such as coupons and gift cards.

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