From MarketBeat:

Repay Holdings Co. experienced a significant drop in short interest during December, now sitting at 1,640,000 shares – a 22.6% decrease. The current short-interest ratio sits at 2.0 days, while approximately 2.1% of the company’s shares are sold short.

Wall Street analysts have varied opinions on RPAY shares, with seven rating it as “hold” and five as “buy.” The consensus target price is $9.32 according to MarketBeat.com.

Repay’s stock is trading at $8.54, with a market cap of $858.44 million. The 50-day moving average price is $7.25 and the 200-day moving average price is $7.69.

Repay last reported quarterly earnings, posting $74.32 million in revenue and $0.16 earnings per share, missing the consensus estimate of $0.18. Current company predictions forecast a 0.65 EPS for the year.

In a recent transaction, CAO Thomas Eugene Sullivan sold 35,000 shares of Repay at $7.40 per share, valuing the total sale at $259,000 and reducing insider holdings to 19.23%.

Hedge funds have made significant changes to their holdings in Repay, with institutional investors and hedge funds now holding 75.38% of company stock.

Repay Holdings Corporation operates in two segments, Consumer Payments and Business Payments, providing integrated payment processing solutions to industry-oriented markets.

MarketBeat offers top-rated research analysts’ take on the five stocks they recommend to clients on a daily basis, providing an alternative perspective to potential Repay investors.



Read more: Repay Holdings Co. (NASDAQ:RPAY) Short Interest Update