PCI-PAL (LON:PCIP) Stock Price Up 2% – Still a Buy?

PCI-PAL PLC (LON:PCIP) shares shot up 2% on Wednesday. The stock traded as high as GBX 75 and last traded at GBX 74.97. Approximately 85,466 shares were traded during trading, a decline of 10% from the average session volume of 95,399 shares. The stock had previously closed at GBX 73.50.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and set a GBX 115 price objective on shares of PCI-PAL in a report on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of GBX 115.

PCI-PAL Stock Up 2.0%

The company has a market cap of £54.36 million, a PE ratio of -110.25 and a beta of 0.64. The stock has a 50-day moving average of GBX 67.95 and a 200-day moving average of GBX 55.02.

Insider Transactions at PCI-PAL

In other PCI-PAL news, insider Carolyn Rand bought 8,608 shares of the firm’s stock in a transaction on Tuesday, August 4th. The shares were acquired at an average cost of GBX 5,810 per share, for a total transaction of £500,124.80. Also, insider James Barham purchased 26,466 shares of the stock in a transaction on Friday, July 31st. The stock was acquired at an average cost of GBX 57 per share, for a total transaction of £15,085.62. 9.44% of the stock is owned by corporate insiders.

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.