Insider Buying: PayPoint (LON:PAY) Insider Buys 30,000 Shares of Stock

PayPoint plc (LON:PAY) insider Nick Wiles bought 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was bought at an average price of GBX 575 per share, with a total value of £172,500.

Nick Wiles also recently made the following trade(s):

• On Friday, May 22nd, Nick Wiles purchased 22 shares of PayPoint stock. The shares were acquired at an average cost of GBX 572 per share, for a total transaction of £125.84.
• On Wednesday, April 22nd, Nick Wiles acquired 19 shares of PayPoint stock. The stock was acquired at an average price of GBX 634 per share, with a total value of £120.46.

PayPoint Stock Up 2.1%

Shares of PAY stock traded up GBX 12 during trading hours on Wednesday, reaching GBX 575.50. 363,063 shares of the stock were exchanged, compared to its average volume of 384,549. PayPoint plc has a 12-month low of GBX 438.35 and a 12-month high of GBX 870. The business’s fifty day moving average is GBX 592.23 and its two-hundred day moving average is GBX 544.80. 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 firm has a market capitalization of £346.70 million, a P/E ratio of 22.70, a P/E/G ratio of 31.13 and a beta of 0.38.

PayPoint (LON:PAY) last announced its quarterly earnings results on Thursday, June 11th. The company reported GBX 74.40 EPS for the quarter. PayPoint had a net margin of 11.67% and a return on equity of 45.78%. The company had revenue of £337.01 million for the quarter. As a group, research analysts expect that PayPoint plc will post 56.9500056 EPS for the current fiscal year.

About PayPoint

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.