PayPoint (LON:PAY) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

PayPoint plc (LON:PAY) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 554.98 and traded as high as GBX 577. PayPoint shares last traded at GBX 569.46, with a volume of 236,074 shares.

PayPoint Trading Down 2.2%

The business has a 50 day moving average of GBX 584.10 and a two-hundred day moving average of GBX 554.98. 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 firm has a market cap of £343.06 million, a P/E ratio of 22.46, a PEG ratio of 31.13 and a beta of 0.37.

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

Insider Activity at PayPoint

In related news, insider Nick Wiles bought 30,000 shares of PayPoint stock in a transaction that occurred on Wednesday, June 17th. The stock was acquired at an average price of GBX 575 per share, with a total value of £172,500. Over the last ninety days, insiders have 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.