Paysign (PAYS) reached a new 52-week high on July 9, with a 100% “Buy” signal and over 110% increase in shares over the past year. Valued at $460 million, Paysign offers prepaid card programs for various applications.

Paysign shares hit $8.57 on July 9, then dipped slightly, trading 2.57% below the high. The stock has a 100% technical “Buy” signal and trades above its moving averages. Paysign has gained 113% in the past year.

With a market cap of $460 million, Paysign has a P/E ratio of 72.82 and is expected to see revenue and earnings growth in the coming years. Analysts are bullish on the stock, but some caution about its high price.

Wall Street analysts have issued “Strong Buy” opinions on Paysign, while other sites give it mixed ratings. Despite hitting new highs, Paysign is considered volatile and speculative, requiring strict risk management strategies.

Read more at Yahoo Finance: Up 113% in a Year, How Much Higher Can Paysign Stock Go?