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Is Nayax Ltd. (NYAX) A Good Stock To Buy Now?

Is NYAX a good stock to buy? We came across a bullish thesis on Nayax Ltd. on Beyond the Noise’s Substack by Cristobal Botanch. In this article, we will summarize the bulls’ thesis on NYAX. Nayax Ltd.'s share was trading at $66.31 as of April 24th. NYAX’s trailing and forward P/E were 69.07 and 74.63 respectively according to Yahoo Finance.

Nayax Ltd. operates a global IoT-enabled payments platform focused on unattended self-service environments, combining proprietary payment terminals, SaaS, and embedded financial services across 120 countries and more than 40 verticals. The...