PAID (NASDAQ:PAYD) Trading Down 14%

PAID, Inc. (NASDAQ:PAYD)’s share price dropped 14% during trading on Wednesday . The company traded as low as $2.07 and last traded at $2.21. Approximately 260 shares were traded during trading, a decline of 80% from the average daily volume of 1,296 shares. The stock had previously closed at $2.57.

The company has a 50 day simple moving average of $2.58.


PAID, Inc develops online shipping and tax management tools. It operates through five segments: Client Services, Shipping Calculator Services, Brewery Management Software, Merchant processing services, and Shipping Coordination and Label Generation Services. The company offers AuctionInc, a suite of offers online shipping and tax management tools assisting businesses with e-commerce storefronts, shipping solutions, tax calculation, inventory management, and auction processing.

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