Stock price when the opinion was issued
NVEI has $466M in revenue in Europe, Middle East and Africa (no individual country breakdown) so certainly is not immune to the sector's slowdown. Large cap US fintech stocks are also getting hit hard this week. Negative momentum does have a way of feeding upon itself, and NVEI's results and guidance and customer loss are adding more concerns for investors. The market backdrop has sharply turned, and small caps are getting crushed all over. NVEI's dividend confused investors, considering its debt. The crypto rally should help it, a bit, but for now fear, anger at the company and higher interest rates are driving the selling.
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He once owned it, but was disappointed by it. They should have added more guidance before their last report. Guidance was a big problem. But it's certainly cheaper now and you can own it here, as well as $18.50 and maybe $16. In a competitive field with Shopify and PayPal.