• Return to Headlines

Paypal Holdings Looks to Continue to Trade Above its Annual-High Share Price Today

By Nick Russo

Shares of Paypal Holdings (NASDAQ:PYPL) traded at a new 52-week high today of $87.76. Approximately 775,000 shares have changed hands today, as compared to an average 30-day volume of 6.9 million shares.

PayPal Holdings, Inc. operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants. The Company offers online payment solutions. PayPal Holdings serves customers worldwide.

Paypal Holdings (NASDAQ:PYPL) is currently priced 1.9% above its average consensus analyst price target of $86.03. Paypal Holdings shares have support at the 50-day moving average (MA) of $81.79 and additional support at the 200-day MA of $77.04.

In the past 52 weeks, Paypal Holdings share prices have been bracketed by a low of $54.33 and a high of $87.76 and are now at $87.68, 61% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.8%.

SmarTrend is monitoring the recent change of momentum in Paypal Holdings. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Paypal Holdings in search of a potential trend change.

Keywords: 52 week high/lows paypal holdings

Ticker(s): PYPL