PayPoint (LON:PAY) Sets New 52-Week Low – What’s Next?

PayPoint plc (LON:PAY) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 438.50 and last traded at GBX 461, with a volume of 328910 shares trading hands. The stock had previously closed at GBX 438.50.

Analyst Upgrades and Downgrades

Separately, Panmure Gordon reiterated a “buy” rating and issued a GBX 1,100 target price on shares of PayPoint in a report on Thursday, November 20th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, PayPoint presently has a consensus rating of “Buy” and an average target price of GBX 1,100.

PayPoint Trading Up 1.2%

The company has a 50 day moving average of GBX 639.25 and a two-hundred day moving average of GBX 705.24. The stock has a market capitalization of £283.31 million, a PE ratio of 17.69, a P/E/G ratio of 31.13 and a beta of 0.93. The company has a debt-to-equity ratio of 81.52, a quick ratio of 0.65 and a current ratio of 0.99.

PayPoint (LON:PAY) last released its quarterly earnings results on Thursday, November 20th. The company reported GBX 29.25 EPS for the quarter. PayPoint had a return on equity of 30.78% and a net margin of 11.65%. Sell-side analysts predict that PayPoint plc will post 56.9500056 EPS for the current year.

Insider Buying and Selling

In related news, insider Lan Tu purchased 4,569 shares of the firm’s stock in a transaction on Thursday, November 20th. The stock was acquired at an average price of GBX 543 per share, with a total value of £24,809.67. Also, insider Nick Wiles acquired 25,000 shares of the stock in a transaction dated Thursday, November 20th. The shares were bought at an average price of GBX 538 per share, with a total value of £134,500. Insiders purchased 31,579 shares of company stock worth $16,979,543 in the last three months. Corporate insiders own 2.37% of the company’s stock.

PayPoint Company Profile

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.