Smartpay (ASX:SMP) Stock Price Up 4.5%

Shares of Smartpay Holdings Ltd (ASX:SMP) rose 4.5% during mid-day trading on Wednesday . The stock traded as high as A$0.24 ($0.17) and last traded at A$0.23 ($0.16), approximately 1,649,375 shares traded hands during mid-day trading. The stock had previously closed at A$0.22 ($0.16).

The company has a quick ratio of 0.40, a current ratio of 0.88 and a debt-to-equity ratio of 223.74. The company has a market cap of $33.49 million and a PE ratio of 34.29. The company’s fifty day moving average is A$0.19 and its 200-day moving average is A$0.18.

Smartpay Company Profile (ASX:SMP)

Smartpay Holdings Limited designs, develops, and implements electronic fund transfer at point of sale (EFTPOS) solutions for retail, business payment, and transactional processing requirements. The company serves 25,000 merchants with approximately 35,000 EFTPOS terminals in New Zealand and Australia.

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