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PayPal Stock Bullish By 3% So Far On Wednesday

ViaNews Editorial Team

December 16, 2020

PayPal Stock Bullish By 3% So Far On Wednesday
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Shares of PayPal jumped 3.31% to $228.93 at 12:03 EST on Wednesday, after two consecutive sessions in a row of gains. The Nasdaq Stock Market is rising 0.2% to $12,619.70, after two consecutive sessions in a row of gains. This seems, as yet, a somewhat positive trend exchanging session today.

PayPal's last close was $221.60, 0.12% under its 52-week high of $228.65.

PayPal's Sales

PayPal's sales growth is 22.7% for the current quarter and 21.2% for the next. The company's growth estimates for the current quarter and the next is 15.1% and 48.5%, respectively.

PayPal's Revenue

Year-on-year quarterly revenue growth grew by 24.7%, now sitting on 20.3B for the twelve trailing months.

PayPal's Stock Top and Bottom Yearly Value

PayPal's stock is valued at $228.93 at 12:03 EST, above its 52-week high of $228.65.

PayPal's Moving Average

PayPal's worth is way higher than its 50-day moving average of $201.85 and way above its 200-day moving average of $189.16.

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.