PayPoint (LON:PAY) Stock Passes Above Two Hundred Day Moving Average – What’s Next?

PayPoint plc (LON:PAY)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 565.75 and traded as high as GBX 620.40. PayPoint shares last traded at GBX 615.75, with a volume of 69,965 shares changing hands.

PayPoint Stock Performance

The firm’s fifty day moving average price is GBX 578.44 and its 200 day moving average price is GBX 565.75. 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 capitalization of £369.74 million, a PE ratio of 10.54, a PEG ratio of 31.13 and a beta of 0.36.

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. PayPoint had a net margin of 11.67% and a return on equity of 45.78%. The business had revenue of £337.01 million for the quarter. On average, research analysts anticipate that PayPoint plc will post 56.9500056 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Nick Wiles bought 30,000 shares of the stock in a transaction on Wednesday, June 17th. The shares were purchased at an average price of GBX 575 per share, for a total transaction of £172,500. Insiders bought a total of 30,083 shares of company stock valued at $17,299,894 in the last quarter. Insiders own 2.58% of the company’s stock.

About PayPoint

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.