Payoneer Global (NASDAQ:PAYOW) Shares Up 5% – Here’s Why

Payoneer Global Inc. (NASDAQ:PAYOWGet Free Report)’s share price shot up 5% on Wednesday . The company traded as high as $0.75 and last traded at $0.73. 75,300 shares were traded during trading, an increase of 62% from the average session volume of 46,423 shares. The stock had previously closed at $0.70.

Payoneer Global Price Performance

The stock has a fifty day simple moving average of $0.73 and a two-hundred day simple moving average of $0.43.

About Payoneer Global

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Payoneer Global Inc operates as a financial technology company. It operates a payment infrastructure platform that provides customers with a one-stop, global, multi-currency account to serve their accounts receivable and accounts payable needs. The company delivers a suite of services that includes cross-border payments, physical and virtual MasterCard cards, working capital, risk management, and other services.

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