PCI-PAL (LON:PCIP) Reaches New 52-Week High – Still a Buy?

Shares of PCI-PAL PLC (LON:PCIP) hit a new 52-week high on Tuesday . The company traded as high as GBX 66.90 and last traded at GBX 65.22, with a volume of 166617 shares. The stock had previously closed at GBX 64.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 115 price objective on shares of PCI-PAL in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of GBX 115.

PCI-PAL Stock Up 1.4%

The stock has a market cap of £50.72 million, a PE ratio of -102.94 and a beta of 0.63. The business’s fifty day moving average is GBX 52.95 and its 200 day moving average is GBX 51.66.

Insider Buying and Selling

In other news, insider Carolyn Rand purchased 8,608 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were acquired at an average price of GBX 5,810 per share, with a total value of £500,124.80. Also, insider James Barham purchased 26,466 shares of the firm’s stock in a transaction dated Friday, July 31st. The shares were purchased at an average cost of GBX 57 per share, for a total transaction of £15,085.62. 9.43% of the stock is currently owned by company insiders.

PCI-PAL Company Profile

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.