PayPoint (LON:PAY) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

PayPoint plc (LON:PAY – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 573.89 and traded as high as GBX 623.50. PayPoint shares last traded at GBX 608.50, with a volume of 254,736 shares trading hands.

PayPoint Trading Up 2.5%

The stock has a market cap of £374.69 million, a price-to-earnings ratio of 10.68, a price-to-earnings-growth ratio of 31.13 and a beta of 0.36. The company has a debt-to-equity ratio of 191.93, a quick ratio of 0.65 and a current ratio of 0.96. The company’s 50 day simple moving average is GBX 582.77 and its two-hundred day simple moving average is GBX 573.89.

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PayPoint (LON:PAY – Get Free Report) last released its earnings results on Thursday, June 11th. The company reported GBX 74.40 earnings per share (EPS) for the quarter. The company had revenue of £337.01 million during the quarter. PayPoint had a net margin of 11.67% and a return on equity of 45.78%. Research analysts expect that PayPoint plc will post 56.9500056 EPS for the current fiscal year.

Insider Buying and Selling at PayPoint

In related news, insider Nick Wiles purchased 30,000 shares of the company’s stock in a transaction dated Wednesday, June 17th. The shares were acquired at an average cost of GBX 575 per share, with a total value of £172,500. Insiders have acquired 30,064 shares of company stock valued at $17,287,648 over the last 90 days. Corporate insiders own 2.58% of the company’s stock.

PayPoint Company Profile

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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.

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