Originally published on Best Stocks Category: best stocks to buy now Paysafe Limited (NYSE: PSFE) has received an average rating of “Hold” from the eight rating firms that cover the company, according to Bloomberg.com. In addition, two analysts advise selling the stock, four advise holding it, and two advise buying it. Analysts who have recently updated their stock coverage have set an average 12-month target price of $3.69.Several research analysts have weighed in on the PSFE stock. Credit Suisse Group downgraded Paysafe’s stock from “neutral” to “underperform” in a report issued on Thursday, August 11th and reduced their price target from $2.25 to $2.00. In a report issued on Wednesday, August 31st, Susquehanna Bancshares downgraded Paysafe shares to “neutral” and reduced their price target from $5.00 to $2.00. In a report issued on Wednesday, August 31st, Susquehanna downgraded Paysafe shares from “positive” to “neutral” and reduced their price target from $5.00 to $2.00. Finally, the Royal Bank of Canada downgraded Paysafe’s stock from “outperform” to “sector perform” in a report on Thursday, August 11th, and reduced their price target from $4.00 to $3.00.NYSE: PSFE opened at $1.23 on Tuesday. Paysafe has a 52-week low of $1.21 and a 52-week high of $8.02. The company’s 50-day simple moving average is $1.52, and its 200-day simple moving average is $2.02. The debt-to-equity ratio is 3.02, the current ratio is 1.09, and the quick ratio is 1.09.On August 10th, Paysafe (NYSE: PSFE) released its most recent earnings report. The company reported $0.05 EPS for the quarter, $0.03 higher than the $0.02 consensus estimate. Paysafe had a negative net margin of 126.35% and a positive return on equity of 0.79%. The company earned $378.91 million in revenue during the quarter. According to research analysts, Paysafe will earn -1.39 cents per share in the current fiscal year.Several hedge funds have recently made changes to their positions in PSFE. Kestra Advisory Services LLC increased its stake in Paysafe by 24.8% in the first quarter. Kestra Advisory Services LLC now owns 27,828 shares of the company’s stock, valued at $94,000, following purchasing 5,533 additional shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Paysafe by 21.7% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 33,200 shares of the company’s stock, valued at $113,000, following purchasing 5,911 additional shares in the last quarter. Gamco Investors Inc. and others increased their stake in Paysafe by 5.0% in the second quarter. Gamco Investors Inc. et al. now own 141,200 shares of the company’s stock, valued at $275,000, following purchasing 6,750 additional shares in the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Paysafe by 11.2% in the first quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 68,954 shares of the company’s stock, valued at $234,000, following purchasing 6,932 additional shares in the last quarter. Finally, in the first quarter, First Citizens Bank & Trust Co. paid approximately $34,000 for a new position in Paysafe. 48.51 institutional investors own percent of the stock.Paysafe Limited provides digital commerce solutions to online businesses, small and medium sized business merchants, and consumers worldwide through its Paysafe Network. The company is split into two sections: US Acquiring and Digital Commerce. It offers PCI-compliant payment acceptance and transaction processing solutions for merchants and integrated service providers under the Paysafe and Petroleum Card Services brands, including merchant acquiring, transaction processing, online solutions, fraud and risk management tools, data and analytics, point of sale systems, and merchant financing solutions.