PayPoint (LON:PAY) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

PayPoint plc (LON:PAY) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 592.78 and traded as high as GBX 626.50. PayPoint shares last traded at GBX 597, with a volume of 94,623 shares changing hands.

PayPoint Price Performance

The firm has a market cap of £355.29 million, a P/E ratio of 10.29, a price-to-earnings-growth ratio of 31.13 and a beta of 0.36. The company has a current ratio of 0.96, a quick ratio of 0.65 and a debt-to-equity ratio of 191.93. The business has a 50-day moving average of GBX 611.45 and a two-hundred day moving average of GBX 592.84.

PayPoint (LON:PAY) last issued its earnings results on Thursday, June 11th. The company reported GBX 74.40 earnings per share (EPS) for the quarter. PayPoint had a return on equity of 45.78% and a net margin of 11.67%.The business had revenue of £337.01 million during the quarter. On average, sell-side analysts anticipate that PayPoint plc will post 56.9500056 earnings per share for the current fiscal year.

Insider Activity

In other PayPoint news, insider Nick Wiles acquired 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The stock was acquired at an average price of GBX 575 per share, for a total transaction of £172,500. Insiders purchased a total of 30,060 shares of company stock valued at $17,287,280 over the last three months. Corporate insiders own 2.65% of the company’s stock.

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.