PayPoint plc (LON:PAY)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 649.65 ($8.82) and traded as high as GBX 699 ($9.49). PayPoint shares last traded at GBX 686 ($9.31), with a volume of 60,711 shares changing hands.
PAY has been the topic of several research reports. reaffirmed a “buy” rating and set a GBX 820 ($11.13) price target on shares of PayPoint in a report on Friday, November 12th. Liberum Capital restated a “buy” rating on shares of PayPoint in a research report on Monday, December 6th. Finally, Barclays restated an “underweight” rating and issued a GBX 540 ($7.33) price target on shares of PayPoint in a research report on Tuesday, December 14th.
The company has a market cap of £471.59 million and a P/E ratio of 8.58. The company’s 50-day moving average is GBX 648.94 and its two-hundred day moving average is GBX 649.65. The company has a quick ratio of 0.72, a current ratio of 0.76 and a debt-to-equity ratio of 54.90.
In other news, insider Nick Wiles purchased 10,000 shares of the stock in a transaction dated Friday, November 26th. The shares were purchased at an average cost of GBX 617 ($8.38) per share, with a total value of £61,700 ($83,751.87). Over the last three months, insiders bought 10,057 shares of company stock worth $6,207,439.
About PayPoint (LON:PAY)
PayPoint plc provides specialist consumer payment, transaction processing, settlement, and other services and products in the United Kingdom, Ireland, and Romania. It offers bill and general services, such as prepaid energy, bills, and cash out services; top-ups, including mobiles phones, eMoney vouchers, prepaid debit cards, and lottery tickets; and retail services comprising ATM, card payments, parcels, money transfer, SIMs, EPoS, and receipt advertising.
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