Verifone Systems, Inc. stock performance trend indicates that the stock price has rallied 6.32% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 20.71% . Looking at the past 52 week period, the stock price is down -33.29% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Verifone Systems, Inc. has a negative value of -36.16 compared to overall market performance.VeriFone Systems, Inc. is having a Relative Strength Index of 39.62 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Verifone Systems, Inc. (NYSE:PAY) has tumbled 0.47% during the past week and has dropped 2.81% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.71%. Verifone Systems, Inc. (NYSE:PAY) has underperformed the index by 3.92% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Verifone Systems, Inc. (NYSE:PAY) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.08 points or 0.42% at $19 with 1,936,238 shares getting traded. Post opening the session at $19.16, the shares hit an intraday low of $18.94 and an intraday high of $19.1799 and the price was in this range throughout the day. The company has a market cap of $2,121 million and the number of outstanding shares has been calculated to be 111,614,825 shares. The 52-week high of Verifone Systems, Inc. (NYSE:PAY) is $29.73 and the 52-week low is $14.94.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by RBC Capital Mkts on Mar 10, 2017 to Sector Perform, Raises Price Target to $ 23 from a previous price target of $20 .
Company has reported several Insider transactions to the SEC, on Sep 30, 2016, Robert W Alspaugh (director) sold 8,250 shares at 15.81 per share price.On Sep 28, 2016, Eitan Raff (director) sold 4,125 shares at 16.13 per share price.On Dec 30, 2015, Alok Bhanot (EVP, Engineering & CTO) sold 994 shares at 28.74 per share price.
VeriFone Systems Inc Last issued its quarterly earnings results on Mar 9, 2017. The company reported $0.21 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.20. The company had revenue of $457.00 million for the quarter, compared to analysts expectations of $449.37 million. The companys revenue was down -11.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.48 EPS.
VeriFone Systems, Inc. offers secure electronic payment solutions. The company provides solutions and services to the financial, retail, hospitality, petroleum, transportation, government and healthcare vertical markets. VeriFone Systems, Inc., formerly known as VeriFone Holdings, Inc., is headquartered in San Jose, California.