PayPoint (LON:PAY) Shares Pass Above Two Hundred Day Moving Average – Here’s What Happened

PayPoint plc (LON:PAY) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 549.34 and traded as high as GBX 569. PayPoint shares last traded at GBX 566.50, with a volume of 1,862,276 shares changing hands.

PayPoint Trading Up 0.4%

The company has a quick ratio of 0.65, a current ratio of 0.96 and a debt-to-equity ratio of 191.93. The firm has a market cap of £341.28 million, a price-to-earnings ratio of 22.35, a PEG ratio of 31.13 and a beta of 0.37. The company has a 50-day moving average price of GBX 589.71 and a 200 day moving average price of GBX 549.34.

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

Insiders Place Their Bets

In other PayPoint news, insider Nick Wiles bought 30,000 shares of the stock in a transaction on Wednesday, June 17th. The shares were bought at an average price of GBX 575 per share, with a total value of £172,500. Over the last 90 days, insiders bought 30,083 shares of company stock worth $17,299,894. Insiders own 2.49% of the company’s stock.

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.