0R15 7793.0 0.1028% 0R1E 7575.0 -1.8782% 0M69 None None% 0R2V 174.0 1.6058% 0QYR 1387.5 0.7991% 0QYP 397.5 0.7605% 0LCV 137.1211 0.3815% 0RUK None None% 0RYA 1752.0 0.0% 0RIH 165.6 0.3941% 0RIH 164.7 -0.5435% 0R1O 181.75 10110.6742% 0R1O None None% 0QFP None None% 0M2Z 298.95 0.302% 0VSO None None% 0R1I None None% 0QZI 434.5 -0.344% 0QZ0 220.0 0.0% 0NZF None None%

small-cap

One NASDAQ – Listed Business Support Services Stock at Resistance Level: Payoneer Global Inc

Apr 24, 2024 | Team Kalkine
One NASDAQ – Listed Business Support Services Stock at Resistance Level: Payoneer Global Inc

PAYO:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Payoneer Global Inc

Company Overview: Payoneer Global Inc. (NASDAQ: PAYO) is a financial technology company, which enables small and medium-sized businesses (SMBs) to transact and do business globally. The Company empowers global commerce by connecting businesses, professionals, countries, and currencies with its cross-border payments platform. It enables businesses and professionals around the globe to reach new audiences while reducing the complexity involved in enabling overseas and cross-border trade, by facilitating cross-border payments.

As per our previous US American Technology report published on ‘PAYO’ on 28th February 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 4.58 based on the expected valuation upside, strategic shifts, optimistic FY24 outlook, outperformance in FY23 topline & profitability financials, attractive valuation, and decent fundamentals and the stock price has now moved by ~11.79% since then and has attained resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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