PayPoint (LON:PAY) Shares Pass Above 200 Day Moving Average – What’s Next?

PayPoint plc (LON:PAY)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 559.27 and traded as high as GBX 585.50. PayPoint shares last traded at GBX 585.50, with a volume of 134,812 shares traded.

PayPoint Stock Up 0.9%

The company has a debt-to-equity ratio of 191.93, a current ratio of 0.96 and a quick ratio of 0.65. The firm has a market cap of £351.58 million, a PE ratio of 10.03, a price-to-earnings-growth ratio of 31.13 and a beta of 0.36. The company has a 50-day simple moving average of GBX 578.94 and a 200-day simple moving average of GBX 559.27.

PayPoint (LON:PAY) last posted its quarterly earnings results on Thursday, June 11th. The company reported GBX 74.40 EPS for the quarter. The company had revenue of £337.01 million for the quarter. PayPoint had a net margin of 11.67% and a return on equity of 45.78%. Analysts expect that PayPoint plc will post 56.9500056 earnings per share for the current fiscal year.

Insider Activity at PayPoint

In other PayPoint news, insider Nick Wiles acquired 30,000 shares of the stock in a transaction that occurred on Wednesday, June 17th. The stock was bought at an average cost of GBX 575 per share, with a total value of £172,500. Insiders acquired a total of 30,083 shares of company stock worth $17,299,894 in the last 90 days. Company insiders own 2.58% 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.