Paypoint (NASDAQ:PYPTF) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “PayPoint Plc provides cash, card and contactless payments to utility companies, retailers, transport firms, mobile phone providers and government. The services provided by the company include PayPoint One, ATM’s, CollectPlus, SIMs and Western Union. PayPoint Plc is headquartered in Hertz, United Kingdom. “

Paypoint (NASDAQ:PYPTF) opened at 11.10 on Wednesday. Paypoint has a 12 month low of $11.30 and a 12 month high of $13.40. The company has a market capitalization of $756.30 million and a price-to-earnings ratio of 9.71.

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