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

PayPoint plc (LON:PAY) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 590.36 and traded as high as GBX 651. PayPoint shares last traded at GBX 644.34, with a volume of 109,325 shares traded.

PayPoint Price Performance

The firm has a market cap of £368.72 million, a P/E ratio of 10.59, a PEG ratio of 31.13 and a beta of 0.36. 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 simple moving average is GBX 608.39 and its two-hundred day simple moving average is GBX 590.99.

PayPoint (LON:PAY) last released its earnings results on Thursday, June 11th. The company reported GBX 74.40 earnings per share (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%. Equities research analysts forecast that PayPoint plc will post 56.9500056 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Nick Wiles purchased 30,000 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were purchased at an average cost of GBX 575 per share, for a total transaction of £172,500. Insiders have acquired 30,060 shares of company stock worth $17,287,280 over the last ninety days. 2.59% of the stock is currently owned by insiders.

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.