24/7 Market News Snapshot 05 June, 2025 – Paysign, Inc. Common Stock (NASDAQ:PAYS)
DENVER, Colo., 05 June, 2025 (www.247marketnews.com) – (NASDAQ:PAYS) are discussed in this article.
Paysign, Inc. (NASDAQ:PAYS) is experiencing a remarkable upswing in its stock performance, with shares opening at $4.40 and climbing to current trading levels of approximately $4.795, an increase of about 10.48%. With a trading volume surpassing 1.06 million shares, heightened investor interest is evident, reflecting a positive market sentiment regarding the company’s prospects. Investors and analysts are particularly focused on key support levels near the opening price and potential resistance approaching $5.00, necessitating close attention to technical indicators such as moving averages and the Relative Strength Index (RSI) to gauge the sustainability of this bullish trend.
In addition to strong market performance, Paysign has announced a substantial expansion within the plasma industry, entering into an agreement to acquire 132 plasma donation centers. This strategic initiative aims to strengthen Paysign’s already significant partnership with a major player in the plasma sector. The acquisition will be executed in phases, with the expectation that 123 centers will be operational by the end of the second quarter of 2025, followed by the remaining nine in the third quarter.
Mark Newcomer, President and CEO of Paysign, emphasized the significance of this expansion by reinforcing the company’s commitment to innovative donor compensation solutions while enhancing the overall donor experience. This strategic move will enable Paysign to manage compensation programs for over 615 plasma centers, thus boosting its market share to nearly 50%.
With these newly acquired centers projected to generate around 80% of Paysign’s average revenue per center shortly after becoming operational, the company anticipates immediate revenue growth. Importantly, Paysign plans to sustain its current Selling, General and Administrative (SG&A) expense levels, indicating a robust and scalable operational model that supports future growth while continuing to provide advanced payment solutions across various sectors.