PayPoint (LON:PAY) Share Price Crosses Above 200-Day Moving Average – Here’s What Happened

PayPoint plc (LON:PAY) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 554.98 and traded as high as GBX 577. PayPoint shares last traded at GBX 569.46, with a volume of 236,074 shares traded.

PayPoint Price Performance

The company has a market cap of £350.30 million, a PE ratio of 22.94, a PEG ratio of 31.13 and a beta of 0.37. The company has a debt-to-equity ratio of 191.93, a current ratio of 0.96 and a quick ratio of 0.65. The stock’s 50-day moving average is GBX 583.08 and its 200 day moving average is GBX 555.16.

PayPoint (LON:PAY) last released its quarterly earnings results on Thursday, June 11th. The company reported GBX 74.40 earnings per share (EPS) for the quarter. PayPoint had a net margin of 11.67% and a return on equity of 45.78%. The business had revenue of £337.01 million for the quarter. On average, equities analysts anticipate that PayPoint plc will post 56.9500056 earnings per share for the current fiscal year.

Insider Transactions at PayPoint

In other PayPoint news, insider Nick Wiles purchased 30,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was bought at an average cost of GBX 575 per share, for a total transaction of £172,500. Over the last quarter, insiders bought 30,083 shares of company stock worth $17,299,894. Corporate insiders own 2.49% of the company’s stock.

About PayPoint

PayPoint plc engages in the provision of payments and banking, shopping, and e-commerce services and products in the United Kingdom. The company operates through two segments: PayPoint and Love2shop. The PayPoint segment provides card payment services to retailers, including leased payment devices; EPoS; ATM cash machines; SIM cards sales; receipt advertising; bill payment services and cash top-ups to individual consumers; parcel delivery and collection services; retailer service fees solutions; and digital payment services, as well as cash through to digital services.