Shares of Payfare Inc. (TSE:PAY – Get Free Report) rose 1.7% on Monday . The stock traded as high as C$6.08 and last traded at C$6.05. Approximately 129,251 shares were traded during trading, a decline of 17% from the average daily volume of 155,188 shares. The stock had previously closed at C$5.95.
Payfare Price Performance
The company has a 50 day moving average of C$6.68 and a two-hundred day moving average of C$6.02. The firm has a market cap of C$288.71 million, a P/E ratio of 25.17 and a beta of 1.97. The company has a quick ratio of 0.32, a current ratio of 1.28 and a debt-to-equity ratio of 0.03.
About Payfare
Payfare Inc, a financial technology company, provides instant payout and digital banking solutions to gig economy workers in Canada, the United States, and Mexico. The company offers PayFare, a platform that provides access to earnings, as well as banking services, such as ATM withdrawals, funds transfers, bill payments, and savings wallets; Paid Portal by Payfare, a payout solution for gig workforces; and Paid App by Payfare, a digital banking app.
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