EEFT Stock Sees Volatile Trading Amid Market Dynamics

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Oct 25, 2024
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The stock of Euronet Worldwide Inc (EEFT, Financial) experienced significant volatility with a rapid decrease of 2.25% in its stock price. Currently, EEFT is priced at $99.96 per share, with a trading volume of 125,883 shares, a turnover rate of 0.28%, and a price fluctuation of 2.89%.

Recent financial data reveals that Euronet's revenue stands at $1.099 billion, with a net profit of $152 million. The company has a gross profit of $263 million and a price-to-earnings ratio of 14.45.

In terms of analyst ratings, 67% of the 12 institutions that reviewed EEFT recommend a "buy," 25% suggest holding the stock, while 8% advise selling.

Within the software services sector, where EEFT is categorized, the overall growth is 0.85%. Comparatively, stocks like Bm Technologies, Inc., Pagaya Technologies Ltd C/Wts (To Pur Com), and Phunware, Inc. saw substantial gains. In terms of trading activity, Cemtrex Inc., Phunware, Inc., and Zapata Computing Holdings Inc. demonstrated significant turnover rates of 464.76%, 196.05%, and 80.30%, respectively. Notably, stocks with considerable price fluctuations include Hub Cyber Security Ltd C/Wts 22/08/2025 (To Pur Com), Triller Group Inc C/Wts 15/03/2027 (To Pur Com), and Pagaya Technologies Ltd C/Wts (To Pur Com) with volatilities of 53.08%, 47.25%, and 28.50% respectively.

Euronet Worldwide Inc is a provider of electronic financial transaction solutions. Operating an independent ATM network in Europe, Euronet offers prepaid products like mobile top-ups and handles point-of-sale transactions. Its operations are segmented into electronic fund transfer processing, electronic payments, and money transfers, with most revenue stemming from ATM management fees and currency exchange transactions primarily in the USA.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.