Insider Buying: PayPoint (LON:PAY) Insider Purchases £112.80 in Stock

PayPoint plc (LON:PAY) insider Rob Harding bought 24 shares of the business’s stock in a transaction dated Friday, December 19th. The shares were acquired at an average cost of GBX 470 per share, for a total transaction of £112.80.

Rob Harding also recently made the following trade(s):

• On Monday, December 22nd, Rob Harding purchased 27 shares of PayPoint stock. The stock was acquired at an average cost of GBX 470 per share, with a total value of £126.90.
• On Monday, November 24th, Rob Harding purchased 26 shares of PayPoint stock. The stock was bought at an average price of GBX 482 per share, for a total transaction of £125.32.
• On Friday, November 21st, Rob Harding acquired 1,924 shares of PayPoint stock. The shares were bought at an average cost of GBX 519 per share, for a total transaction of £9,985.56.
• On Wednesday, October 22nd, Rob Harding acquired 17 shares of PayPoint stock. The shares were bought at an average price of GBX 734 per share, with a total value of £124.78.

PayPoint Trading Down 0.2%

Shares of PayPoint stock opened at GBX 471 on Thursday. The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 81.52. The company has a fifty day simple moving average of GBX 581.80 and a 200-day simple moving average of GBX 688.05. The stock has a market cap of £297.53 million, a price-to-earnings ratio of 18.58, a PEG ratio of 31.13 and a beta of 0.93. PayPoint plc has a 12-month low of GBX 438.35 and a 12-month high of GBX 870.

PayPoint (LON:PAY) last announced its quarterly earnings results on Thursday, November 20th. The company reported GBX 29.25 EPS for the quarter. PayPoint had a net margin of 11.65% and a return on equity of 30.78%. On average, equities analysts forecast that PayPoint plc will post 56.9500056 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Panmure Gordon reissued a “buy” rating and issued a GBX 1,100 target price on shares of PayPoint in a research report on Thursday, November 20th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of GBX 1,100.

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.