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Payfare Inc. T.PAY

Alternate Symbol(s):  PYFRF

Payfare Inc. is a Canada-based global financial technology company providing digital banking and instant payment solutions for the gig workforce. The Company partners with platforms and marketplaces, such as Uber, Lyft and DoorDash, to provide financial health for their workforce. The Company operates in two principal geographical areas: Canada and United States. It provides services to gig workers and businesses. It provides 1099 and contract workers with instant access to their earnings and a digital banking service. The Company offers a full application programming interface suite and a turn-key private label solution. It provides multiple worker payout options, like on-demand or automatically each day or after each task, shift or sale. It provides services to various workforces, such as trades and construction, hospitality, rideshare, healthcare, home services, creators, trucking and freelance. Its subsidiaries include Payfare International Inc. and Payfare Mexico Inc. S.A. de C.V.


TSX:PAY - Post by User

Comment by digital130on May 09, 2024 3:02pm
78 Views
Post# 36031838

RE:RE:same trading pattern again and again

RE:RE:same trading pattern again and againFirst thing you should notice is that bots like accumulating stock near moving averages.  At moment PAY doing great, above 9 day simple moving average around $6.70.

Market conditions do change as confidence changes. 

Pay is trading at about 17 times current earnings.  Not bad, not good. 

Near the top of the market volatility picks up.  It natural as bulls and bears can change positions.

Insiders do sell shares, why would we have a stock market, for us lol, no chance.

Buffet sold Apple.  Everyone has a choice to buy or sell.

PAY a great stock to have on your ticker. 

Take care



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