Pagseguro Digital Soars 10.39% on Upgrade, Earnings
1min read Pagseguro Digital (PAGS) shares surged 10.39% today, reaching their highest level since September 2024, with an intraday gain of 11.33%.
Several recent developments have influenced the stock price of pagseguro digital. On April 22, 2025, citigroup upgraded PagSeguro Digital from Neutral to Buy, which likely contributed to positive sentiment and price movement.
PagSeguro reported strong fourth-quarter results for 2024 and shared an optimistic outlook for 2025, which may have bolstered investor confidence. The company's financial performance and future projections have been well-received by the market, driving up the stock price.
Ask Aime: What is the outlook for PagSeguro Digital (PAGS) after its recent stock price surge and positive quarterly results?
The stock crossed above its 200-day moving average, reaching as high as $9.18, which is often seen as a bullish technical indicator by investors. This technical milestone has likely attracted more buyers, further propelling the stock's upward trajectory.
