PCI-PAL (LON:PCIP) Sets New 1-Year High – Here’s Why

Shares of PCI-PAL PLC (LON:PCIP – Get Free Report) hit a new 52-week high during trading on Monday. The stock traded as high as GBX 80 and last traded at GBX 77.90, with a volume of 387,728 shares traded. The stock had previously closed at GBX 76.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 115 price target on shares of PCI-PAL in a research note on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating. According to MarketBeat.com, PCI-PAL currently has an average rating of “Buy” and an average price target of GBX 115.

Check Out Our Latest Analysis on PCIP

PCI-PAL Stock Performance

The company has a market capitalization of £56.49 million, a PE ratio of -114.56 and a beta of 0.64. The business has a fifty day moving average price of GBX 68.57 and a 200 day moving average price of GBX 55.39.

Insider Buying and Selling

In other PCI-PAL news, insider James Barham purchased 26,466 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was purchased at an average cost of GBX 57 per share, with a total value of £15,085.62. Also, insider Carolyn Rand purchased 8,608 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average price of GBX 5,810 per share, with a total value of £500,124.80. 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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