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

PayPoint plc (LON:PAY)’s stock price crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 549.34 and traded as high as GBX 569. PayPoint shares last traded at GBX 566.50, with a volume of 1,862,276 shares traded.

PayPoint Trading Down 1.2%

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 business’s 50-day moving average price is GBX 589.12 and its two-hundred day moving average price is GBX 550.70. The company has a market capitalization of £353.93 million, a price-to-earnings ratio of 23.18, a P/E/G ratio of 31.13 and a beta of 0.37.

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

Insider Activity

In related news, insider Nick Wiles bought 30,000 shares of PayPoint stock in a transaction dated Wednesday, June 17th. The shares were bought at an average cost of GBX 575 per share, with a total value of £172,500. Over the last quarter, insiders acquired 30,083 shares of company stock worth $17,299,894. Corporate insiders own 2.49% of the company’s stock.

About PayPoint

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.