iSignthis (ASX:ISX) Hits New 52-Week High at $0.69
iSignthis Ltd (ASX:ISX) hit a new 52-week high on Tuesday . The stock traded as high as A$0.69 ($0.49) and last traded at A$0.67 ($0.47), with a volume of 1964213 shares. The stock had previously closed at A$0.67 ($0.47).
Separately, Fundamental Research started coverage on shares of iSignthis in a research note on Tuesday, April 16th. They set a “top pick” rating and a $0.82 target price on the stock.
The company has a market capitalization of $671.39 million and a price-to-earnings ratio of -62.00.
iSignthis Company Profile (ASX:ISX)
iSignthis Ltd, together with its subsidiaries, engages in remote identity verification, and payment authentication and processing activities in Australia, Europe, and British Virgin Islands. Its solutions include Paydentity, a solution that incorporates payment instrument verification and customer identification to remotely link an electronic payment with a person's identity for satisfying anti money laundering and counter terrorism financing regulatory requirements; and ISXPay, a solution, which provides a range of gateway, risk management and avoidance, and processing services for card transactions and alternative payment methods.
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