PayPoint (LON:PAY) Insider Buys £9,985.56 in Stock

PayPoint plc (LON:PAY) insider Rob Harding bought 1,924 shares of the stock in a transaction on Friday, November 21st. The stock was purchased at an average cost of GBX 519 per share, with a total value of £9,985.56.

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

• On Monday, November 24th, Rob Harding bought 26 shares of PayPoint stock. The stock was purchased at an average price of GBX 482 per share, for a total transaction of £125.32.
• On Wednesday, October 22nd, Rob Harding purchased 17 shares of PayPoint stock. The stock was purchased at an average cost of GBX 734 per share, with a total value of £124.78.

PayPoint Price Performance

PAY opened at GBX 476 on Thursday. The stock has a market cap of £302.36 million, a P/E ratio of 16.71, a P/E/G ratio of 31.13 and a beta of 0.93. PayPoint plc has a 12 month low of GBX 456.30 and a 12 month high of GBX 870. The company has a quick ratio of 0.65, a current ratio of 0.99 and a debt-to-equity ratio of 81.52. The company has a fifty day simple moving average of GBX 681.66 and a 200 day simple moving average of GBX 720.85.

PayPoint (LON:PAY) last posted its earnings results on Thursday, November 20th. The company reported GBX 29.25 earnings per share (EPS) for the quarter. PayPoint had a return on equity of 30.78% and a net margin of 11.65%. On average, research analysts expect that PayPoint plc will post 56.9500056 EPS for the current year.

Analysts Set New Price Targets

Separately, Panmure Gordon reissued a “buy” rating and set a GBX 1,100 target price on shares of PayPoint in a research note on Thursday, November 20th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat, PayPoint has an average rating of “Buy” and an average price target of GBX 1,100.

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.