PayPoint (LON:PAY) Stock Passes Above Two Hundred Day Moving Average – Here’s Why

PayPoint plc (LON:PAY)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 579.03 and traded as high as GBX 602. PayPoint shares last traded at GBX 600.50, with a volume of 205,967 shares.

PayPoint Stock Down 0.3%

The firm has a market cap of £358.16 million, a price-to-earnings ratio of 10.28, a PEG 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 firm has a fifty day moving average price of GBX 587.25 and a 200-day moving average price of GBX 579.03.

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

Insider Activity at PayPoint

In related news, insider Nick Wiles acquired 30,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average cost of GBX 575 per share, for a total transaction of £172,500. Over the last three months, insiders have bought 30,064 shares of company stock worth $17,287,648. Corporate insiders own 2.59% of the company’s stock.

PayPoint Company Profile

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.