PCI-PAL (LON:PCIP) Hits New 52-Week High – Here’s Why

PCI-PAL PLC (LON:PCIP) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 64 and last traded at GBX 63.27, with a volume of 106409 shares traded. The stock had previously closed at GBX 60.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 115 price objective on shares of PCI-PAL in a report on Tuesday, July 28th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of GBX 115.

PCI-PAL Trading Up 4.6%

The firm has a market capitalization of £45.84 million, a PE ratio of -93.04 and a beta of 0.63. The firm’s fifty day moving average price is GBX 47.18 and its 200 day moving average price is GBX 50.68.

Insider Buying and Selling at PCI-PAL

In related news, insider James Barham purchased 26,466 shares of the business’s stock in a transaction on Friday, July 31st. The shares were bought at an average cost of GBX 57 per share, with a total value of £15,085.62. Also, insider Carolyn Rand acquired 8,608 shares of PCI-PAL stock in a transaction on Tuesday, August 4th. The shares were bought at an average price of GBX 5,810 per share, with a total value of £500,124.80. 9.43% of the stock is currently owned by corporate insiders.

PCI-PAL Company Profile

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. By dedicating ourselves to the focused pursuit of easy to integrate and simple to deploy technology, we will provide the most compelling value proposition for our partners to solve their customers challenges in achieving compliance and safeguarding reputations.

It is our people, beyond our technology, who underpin our business and support our partners.