PCI-PAL PLC (LON:PCIP – Get Free Report)’s share price reached a new 52-week high on Wednesday after an insider bought additional shares in the company. The stock traded as high as GBX 60 and last traded at GBX 60, with a volume of 142030 shares changing hands. The stock had previously closed at GBX 59.
Specifically, insider Carolyn Rand purchased 8,608 shares of the stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost of GBX 5,810 per share, for a total transaction of £500,124.80. Also, insider James Barham acquired 26,466 shares of the firm’s stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of GBX 57 per share, with a total value of £15,085.62.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 115 price target on shares of PCI-PAL in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of GBX 115.
PCI-PAL Stock Up 1.7%
The firm’s 50-day simple moving average is GBX 46.38 and its 200 day simple moving average is GBX 50.57. The stock has a market capitalization of £43.47 million, a P/E ratio of -88.24 and a beta of 0.63.
About PCI-PAL
PCI-PAL provides organisations that engage with customers by phone with globally accessible cloud solutions, ensuring their conversations are PCI compliant and personal data is protected. Safeguarding reputations and trust.
Our vision is be the preferred solution provider that technology vendors globally turn to for achieving PCI compliance for payments by phone. By dedicating ourselves to the focused pursuit of easy to integrate and simple to deploy technology, we will provide the most compelling value proposition for our partners to solve their customers challenges in achieving compliance and safeguarding reputations.
It is our people, beyond our technology, who underpin our business and support our partners.
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