PayPoint (LON:PAY) Stock Crosses Above 200 Day Moving Average – What’s Next?

PayPoint plc (LON:PAY)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 573.89 and traded as high as GBX 623.50. PayPoint shares last traded at GBX 608.50, with a volume of 254,736 shares.

PayPoint Price Performance

The firm has a 50 day moving average price of GBX 583.39 and a two-hundred day moving average price of GBX 574.19. The company has a market cap of £370.49 million, a P/E ratio of 10.57, a P/E/G ratio of 31.13 and a beta of 0.36. The company has a debt-to-equity ratio of 191.93, a quick ratio of 0.65 and a current ratio of 0.96.

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

Insider Buying and Selling at PayPoint

In other PayPoint news, insider Nick Wiles acquired 30,000 shares of the stock in a transaction that occurred on Wednesday, June 17th. The shares were bought at an average price of GBX 575 per share, for a total transaction of £172,500. Insiders have acquired a total of 30,064 shares of company stock valued at $17,287,648 over the last quarter. 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.