PayPoint (LON:PAY) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

PayPoint plc (LON:PAY)’s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 586.41 and traded as high as GBX 635.50. PayPoint shares last traded at GBX 628.50, with a volume of 1,669,027 shares.

PayPoint Price Performance

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 company’s fifty day moving average is GBX 600.76 and its two-hundred day moving average is GBX 587.07. The stock has a market cap of £376.94 million, a price-to-earnings ratio of 10.82, a P/E/G ratio of 31.13 and a beta of 0.36.

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

Insider Activity

In other news, insider Nick Wiles acquired 30,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The shares were purchased at an average price of GBX 575 per share, for a total transaction of £172,500. In the last quarter, insiders acquired 30,060 shares of company stock valued at $17,287,280. 2.59% of the stock is currently owned by insiders.

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.