Is It Right Time to Be Cautious on PaySign Inc. (NASDAQ:PAYS), Dollar Tree Inc. (NASDAQ:DLTR)?

The shares of PaySign Inc. (NASDAQ:PAYS) has been pegged with a rating of Buy by DA Davidson in its latest research note that was published on November 15, 2019. DA Davidson wasn’t the only research firm that published a report of PaySign Inc., with other equities research analysts also giving their opinion on the stock. The stock had earned Sell rating from BTIG Research Markets when it published its report on July 22, 2019. That day the BTIG Research set price target on the stock to $12. The stock was given Buy rating by Canaccord Genuity in its report released on July 02, 2019, the day when the price target on the stock was placed at 17. BTIG Research was of a view that PAYS is Neutral in its latest report on June 17, 2019. Ladenburg Thalmann thinks that PAYS is worth Buy rating. This was contained in the firm’s report on May 16, 2019 in which the stock’s price target was also moved to 12.

Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 1 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Buy while its average price target is $12.40. The price of the stock the last time has raised by 42.42% from its 52-Week high price while it is -72.31% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 37.79.

The shares of the company added by 16.44% during the trading session on Wednesday, reaching a low of $4.32 while ending the day at $5.17. During the trading session, a total of 1.13 million shares were traded which represents a -86.46% decline from the average session volume which is 606290.0 shares. PAYS had ended its last session trading at $4.44. PaySign Inc. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 1.40 PAYS 52-week low price stands at $3.63 while its 52-week high price is $18.67.

The PaySign Inc. generated 41.22 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.03 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 40.0%. PaySign Inc. has the potential to record 0.27 EPS for the current fiscal year, according to equities analysts.

Investment analysts at Telsey Advisory Group published a research note on March 24, 2020 where it informed investors and clients that Dollar Tree Inc. (NASDAQ:DLTR) is now rated as Outperform. Their price target on the stock stands at $92. KeyBanc Capital Markets also rated DLTR as Upgrade on March 20, 2020, with its price target of $90 suggesting that DLTR could surge by 17.93% from its current share price. Even though the stock has been trading at $79.66/share, analysts expect it to down by -4.13% to reach $93.05/share. It started the day trading at $82.80 and traded between $76.13 and $76.37 throughout the trading session.

A look at its technical shows that DLTR’s 50-day SMA is 84.71 while its 200-day SMA stands at 99.57. The stock has a high of $119.71 for the year while the low is $60.20. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 4.14 M shorted shares, the short percentage went higher by 25.11%, as 5.18M PAYS shares were shorted. At the moment, only 1.78% of Dollar Tree Inc. shares were sold short. The company’s P/E ratio currently sits at 22.00, while the P/B ratio is 2.95. The company’s average trading volume currently stands at 3.35M shares, which means that the short-interest ratio is just 1.24 days. Over the past seven days, the company moved, with its shift of 16.47%. Looking further, the stock has dropped -17.38% over the past 90 days while it lost -32.64% over the last six months.

The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The The Vanguard Group, Inc. sold more DLTR shares, decreasing its portfolio by -0.30% during the last quarter. This move now sees The The Vanguard Group, Inc. selling -76,679 shares in the last quarter, thus it now holds 25,290,825 shares of DLTR, with a total valuation of $2,099,897,200. T. Rowe Price Associates, Inc. (I… meanwhile sold more DLTR shares in the recently filed quarter, changing its stake to $2,067,968,428 worth of shares.

Similarly, Fidelity Management & Research Co… decreased its Dollar Tree Inc. shares by 11.01% during the recently filed quarter. After selling 14,215,095 shares in the last quarter, the firm now controls -1,758,407 shares of Dollar Tree Inc. which are valued at $1,180,279,338. In the same vein, BlackRock Fund Advisors decreased its Dollar Tree Inc. shares by during the most recent reported quarter. The firm bought 85,385 shares during the quarter which decreased its stakes to 12,411,180 shares and is now valued at $1,030,500,275. Following these latest developments, around 1.10% of Dollar Tree Inc. stocks are owned by institutional investors and hedge funds.