PCI-PAL (LON:PCIP) Stock Price Up 4.4% – Still a Buy?

PCI-PAL PLC (LON:PCIPGet Free Report)’s stock price rose 4.4% on Monday . The company traded as high as GBX 73 and last traded at GBX 71. Approximately 168,498 shares changed hands during mid-day trading, an increase of 77% from the average session volume of 95,461 shares. The stock had previously closed at GBX 68.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 115 target price on shares of PCI-PAL in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of GBX 115.

View Our Latest Stock Report on PCI-PAL

PCI-PAL Price Performance

The firm has a market cap of £50.11 million, a price-to-earnings ratio of -101.62 and a beta of 0.64. The firm has a fifty day simple moving average of GBX 57.30 and a two-hundred day simple moving average of GBX 52.31.

Insiders Place Their Bets

In other news, insider Carolyn Rand purchased 8,608 shares of the company’s stock in a transaction on Tuesday, August 4th. The shares were acquired at an average price of GBX 5,810 per share, for a total transaction of £500,124.80. Also, insider James Barham purchased 26,466 shares of the company’s stock in a transaction on Friday, July 31st. The shares were purchased at an average price of GBX 57 per share, for a total transaction of £15,085.62. Company insiders own 9.44% of the company’s stock.

PCI-PAL Company Profile

(Get Free Report)

PCI-PAL provides organisations that engage with customers by phone with globally accessible cloud solutions, ensuring their conversations are PCI compliant and personal data is protected. Safeguarding reputations and trust.

Our vision is be the preferred solution provider that technology vendors globally turn to for achieving PCI compliance for payments by phone. By dedicating ourselves to the focused pursuit of easy to integrate and simple to deploy technology, we will provide the most compelling value proposition for our partners to solve their customers challenges in achieving compliance and safeguarding reputations.

It is our people, beyond our technology, who underpin our business and support our partners.

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