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

PayPoint plc (LON:PAY)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 559.27 and traded as high as GBX 585.50. PayPoint shares last traded at GBX 585.50, with a volume of 134,812 shares trading hands.

PayPoint Price Performance

The firm has a market cap of £351.58 million, a PE ratio of 10.03, a price-to-earnings-growth ratio of 31.13 and a beta of 0.36. The company has a quick ratio of 0.65, a current ratio of 0.96 and a debt-to-equity ratio of 191.93. The stock has a 50 day moving average price of GBX 578.94 and a two-hundred day moving average price of GBX 559.27.

PayPoint (LON:PAY) last announced its quarterly earnings data on Thursday, June 11th. The company reported GBX 74.40 EPS for the quarter. The firm had revenue of £337.01 million during the quarter. PayPoint had a net margin of 11.67% and a return on equity of 45.78%. As a group, equities analysts expect that PayPoint plc will post 56.9500056 earnings per share for the current year.

Insider Transactions at PayPoint

In related news, insider Nick Wiles purchased 30,000 shares of the firm’s stock in a transaction on Wednesday, June 17th. The stock was acquired at an average price of GBX 575 per share, with a total value of £172,500. In the last quarter, insiders have purchased 30,083 shares of company stock worth $17,299,894. Corporate insiders own 2.58% 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.