PCI-PAL (LON:PCIP) Share Price Passes Below 50-Day Moving Average – Here’s Why

PCI-PAL PLC (LON:PCIP)’s share price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 52.57 ($0.70) and traded as low as GBX 46.08 ($0.61). PCI-PAL shares last traded at GBX 46.08 ($0.61), with a volume of 45,000 shares changing hands.

PCI-PAL Stock Performance

The business has a 50 day moving average price of GBX 52.57 and a two-hundred day moving average price of GBX 59.66. The stock has a market cap of £33.38 million, a P/E ratio of -28.34 and a beta of 0.90. The company has a quick ratio of 0.70, a current ratio of 0.62 and a debt-to-equity ratio of -1.17.

PCI-PAL (LON:PCIP) last posted its quarterly earnings results on Tuesday, March 4th. The company reported GBX (0.40) (($0.01)) earnings per share for the quarter. PCI-PAL had a positive return on equity of 35.54% and a negative net margin of 6.56%. On average, sell-side analysts forecast that PCI-PAL PLC will post 0.9740645 earnings per share for the current fiscal year.

Insider Activity at PCI-PAL

In other news, insider Simon Wilson purchased 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The stock was bought at an average cost of GBX 54 ($0.72) per share, with a total value of £5,400 ($7,155.16). Also, insider James Barham purchased 33,851 shares of the business’s stock in a transaction on Tuesday, March 4th. The shares were purchased at an average price of GBX 59 ($0.78) per share, with a total value of £19,972.09 ($26,463.61). 20.39% of the stock is currently owned by corporate insiders.

About PCI-PAL

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.