PCI-PAL (LON:PCIP) Hits New 52-Week High – Time to Buy?

PCI-PAL PLC (LON:PCIP) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 78 and last traded at GBX 72.78, with a volume of 202021 shares changing hands. The stock had previously closed at GBX 71.50.

Analyst Ratings Changes

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

PCI-PAL Trading Up 0.5%

The business’s 50-day simple moving average is GBX 60.59 and its 200-day simple moving average is GBX 52.91. The company has a market cap of £53.23 million, a PE ratio of -107.94 and a beta of 0.64.

Insiders Place Their Bets

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