PayPal Holdings, Inc. (NASDAQ: PYPL) today disclosed its partnership with Even to improve the financial health of its workforce. This partnership between PayPal and Even will provide an opportunity for the workforce of PayPal to increase their savings by receiving pay early. Employees will also be able to check their finances by using a mobile app.
PayPal has been striving for many years to increase the disposable income of its workforce. The company is also planning to launch early wage access services to its workforce in other markets in early 2021. The credit services company has recently partnered with JUST Capital to make the financial security of its workers its top priority.
PayPal Holdings, Inc. (PYPL) has seen some recent activity in the market and its stock is trading at $193.48. Traders are starting to take interest in PYPL as the stock trading as high as $194.59 and as low as $190.63 at the time the article was written.
PayPal Holdings, Inc. (PYPL) average trading volume is 8.96M. However, in today’s market session PayPal Holdings, Inc. (PYPL) exchanged 3,301,725 shares till now. The 1st downside support level on PYPL is $190.96 and the 1st resistance level on PYPL is $212.34. PYPL 50 day moving average is $196.08 and PYPL 200 day moving average is $179.48.
PayPal Holdings, Inc. (PYPL) current performance has been indicated by the recent movement in PYPL stock. PYPL has performed -6.12% over the past month, PYPL has performed -1.35% over the past quarter and PYPL has shown 84.20% over the past 365 days. PayPal Holdings, Inc. (PYPL) has a 1 year range of $82.07 to $215.83. PayPal Holdings, Inc. (PYPL) is trading 135.07% from its 1 year low and -10.61% from its 1 year high. PayPal Holdings, Inc. (PYPL) is showing a 1.24% short float showing the amount short in the float.
PYPL has 1.17B shares outstanding and 1.17B shares in the float. PayPal Holdings, Inc. (PYPL) at this time has a market cap of $225.47B and an income of 3.14B. The EPS next quarter for PYPL is 0.99 and the forecasted EPS next year is 19.35%. The market cap of PayPal Holdings, Inc. (PYPL) at $225.47B signifies how many Traders own shares of PYPL and is based off the last price ($193.48) of PYPL and the amount of shares outstanding (1.17B) with PayPal Holdings, Inc. (PYPL).
PayPal Holdings, Inc. (PYPL) has total cash (mrq) of 14.16B, total cash per share (mrq) of 12.08, total debt of PYPL stands at 9.66B and total debt/equity (mrq) is 52.16. . PayPal Holdings, Inc. (PYPL) operating cash flow (ttm) is 5.87B, PYPL leveraged free cash flow (ttm) is 5.05B.
PYPL is trading -0.87% below (bearish) its SMA20, 0.05% above (bullish) its SMA50 and 22.24% above (bullish) its SMA200.