PayPoint (LON:PAY) Shares Pass Above 200-Day Moving Average – Here’s What Happened

PayPoint plc (LON:PAY) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 579.03 and traded as high as GBX 602. PayPoint shares last traded at GBX 600.50, with a volume of 205,967 shares trading hands.

PayPoint Stock Down 0.3%

The stock has a 50 day moving average price of GBX 587.25 and a 200-day moving average price of GBX 579.03. The stock has a market capitalization of £358.16 million, a P/E ratio of 10.28, a PEG ratio of 31.13 and a beta of 0.36. The company has a debt-to-equity ratio of 191.93, a current ratio of 0.96 and a quick ratio of 0.65.

PayPoint (LON:PAY) last posted 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 for the quarter. PayPoint had a return on equity of 45.78% and a net margin of 11.67%. As a group, research analysts expect that PayPoint plc will post 56.9500056 EPS for the current fiscal year.

Insider Activity

In other PayPoint news, insider Nick Wiles bought 30,000 shares of the stock in a transaction dated Wednesday, June 17th. The stock was purchased at an average cost of GBX 575 per share, for a total transaction of £172,500. Insiders have purchased 30,064 shares of company stock worth $17,287,648 in the last ninety days. 2.59% of the stock is currently owned by company insiders.

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.