PayPal Holdings (PYPL) Shares are Up 7.08%

PayPal Holdings (PYPL) : Traders are bullish on PayPal Holdings (PYPL) as it has outperformed the S&P 500 by a wide margin of 9.06% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.51%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 7.08% in the last 1 week, and is up 6.85% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 6.72% and the 50-Day Moving Average is 6.75%.The 200 Day SMA reached 9.22% PayPal Holdings, Inc. is up 10.09% in the last 3-month period. Year-to-Date the stock performance stands at 12.43%.


PayPal Holdings (PYPL) : Currently there are 21 street experts covering PayPal Holdings (PYPL) stock. The most bullish and bearish price target for the stock is $50 and $32 respectively for the short term. The average price target of all the analysts comes to $43.05. The estimated standard deviation from the target is $4.5.

For the current week, the company shares have a recommendation consensus of Buy. PayPal Holdings (NASDAQ:PYPL): stock was range-bound between the intraday low of $40.3248 and the intraday high of $40.88 after having opened at $40.71 on Fridays session. The stock finally closed in the red at $40.71, a loss of -0.32%. The stock remained in the red for the whole trading day. The total traded volume was 11,909,449 shares. The stock failed to cross $40.88 in Fridays trading. The stocks closing price on Thursday was $40.83.

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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