Pagaya Technologies Ltd. (NASDAQ:PGYWW – Get Free Report) passed below its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of $0.01 and traded as low as $0.0074. Pagaya Technologies shares last traded at $0.0096, with a volume of 20,381 shares traded.
Pagaya Technologies Stock Down 7.7%
The firm’s 50-day simple moving average is $0.01 and its 200-day simple moving average is $0.06.
About Pagaya Technologies
Pagaya Technologies Ltd. is a financial technology company that develops artificial intelligence and data analytics tools for lenders and other financial institutions. Its technology helps partners assess credit applications and connect eligible borrowers with funding from institutional investors. The company’s network supports financial products offered through partners, including personal loans, auto financing and point-of-sale credit. Pagaya generally provides the technology and funding connections rather than offering these products directly to consumers.
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