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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Paysign Inc    PAYS

PAYSIGN INC

(PAYS)
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Kirby McInerney LLP Announces an Investigation of Shareholder Claims Against PaySign, Inc.

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09/11/2019 | 07:01pm EDT

The law firm of Kirby McInerney LLP is investigating potential claims against PaySign, Inc. (“PaySign” or the “Company”) (NASDAQ: PAYS). This investigation concerns whether PaySign has violated federal securities laws and/or engaged in other unlawful business practices.

On September 9, 2019, PaySign lowered its fiscal 2019 revenue guidance to a range of $35 million to $37 million, from prior guidance range of $38 million to $40 million, citing delays in onboarding of new plasma industry programs.

On this news, shares of PaySign fell $2.57, or 21.3%, to close at $9.47 on September 9, 2019.

If you acquired PaySign securities, have information, or would like to learn more about these claims, please contact Thomas W. Elrod of Kirby McInerney LLP at 212-371-6600, by email at investigations@kmllp.com, or by filling out this contact form, to discuss your rights or interests with respect to these matters without any cost to you.

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, and whistleblower litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website: www.kmllp.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2019
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Financials (USD)
Sales 2019 36,5 M
EBIT 2019 6,79 M
Net income 2019 6,79 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 83,5x
P/E ratio 2020 36,4x
Capi. / Sales2019 13,8x
Capi. / Sales2020 8,33x
Capitalization 503 M
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Mean consensus BUY
Number of Analysts 4
Average target price 15,00  $
Last Close Price 10,64  $
Spread / Highest target 50,4%
Spread / Average Target 41,0%
Spread / Lowest Target 31,6%
EPS Revisions
Managers
NameTitle
Mark R. Newcomer Vice Chairman, President & Chief Executive Officer
Daniel R. Henry Chairman
Joan M. Herman Chief Operating Officer & Director
Mark K. Attinger Chief Financial Officer
Daniel H. Spence Director & Chief Technology Officer
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