PayPoint (LON:PAY) Stock Crosses Above 200-Day Moving Average – Here’s Why

Shares of PayPoint plc (LON:PAYGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 720.27 ($9.62) and traded as high as GBX 749.80 ($10.02). PayPoint shares last traded at GBX 729.70 ($9.75), with a volume of 129,763 shares.

PayPoint Stock Performance

The company has a market capitalization of £506.09 million, a price-to-earnings ratio of 27.84, a price-to-earnings-growth ratio of 31.13 and a beta of 0.93. The company has a debt-to-equity ratio of 81.52, a quick ratio of 0.65 and a current ratio of 0.99. The company’s fifty day simple moving average is GBX 710.30 and its two-hundred day simple moving average is GBX 720.27.

About PayPoint

(Get Free Report)

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.

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