Insider Buying: PayPoint (LON:PAY) Insider Acquires £128.11 in Stock

PayPoint plc (LON:PAY) insider Rob Harding purchased 23 shares of the company’s stock in a transaction that occurred on Monday, February 23rd. The shares were purchased at an average price of GBX 557 per share, for a total transaction of £128.11.

Rob Harding also recently made the following trade(s):

• On Thursday, January 22nd, Rob Harding acquired 24 shares of PayPoint stock. The stock was purchased at an average price of GBX 506 per share, with a total value of £121.44.
• On Monday, December 22nd, Rob Harding acquired 27 shares of PayPoint stock. The shares were purchased at an average cost of GBX 470 per share, with a total value of £126.90.
• On Friday, December 19th, Rob Harding bought 24 shares of PayPoint stock. The stock was acquired at an average cost of GBX 470 per share, for a total transaction of £112.80.

PayPoint Trading Down 3.4%

Shares of LON PAY opened at GBX 574 on Friday. PayPoint plc has a 1 year low of GBX 438.35 and a 1 year high of GBX 870. The company has a debt-to-equity ratio of 81.52, a current ratio of 0.99 and a quick ratio of 0.65. The firm has a 50-day moving average of GBX 512.06 and a 200 day moving average of GBX 603.16. The stock has a market cap of £356.33 million, a P/E ratio of 22.64, a price-to-earnings-growth ratio of 31.13 and a beta of 0.93.

Analysts Set New Price Targets

Separately, Panmure Gordon reaffirmed a “buy” rating and set a GBX 1,100 price objective on shares of PayPoint in a research report on Thursday, November 20th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 1,100.

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.