PayPoint (LON:PAY) Stock Breaks Above Two Hundred Day Moving Average – Here’s Why

PayPoint plc (LON:PAY – Get Free Report) crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of GBX 597.54 and traded as high as GBX 674.50. PayPoint shares last traded at GBX 649, with a volume of 672,697 shares.

PayPoint Stock Down 1.0%

The stock has a market capitalization of £375.39 million, a price-to-earnings ratio of 10.87, a P/E/G ratio of 31.13 and a beta of 0.36. The business has a 50-day moving average of GBX 619.35 and a 200-day moving average of GBX 598.19. The company has a debt-to-equity ratio of 191.93, a quick ratio of 0.65 and a current ratio of 0.96.

About PayPoint

(Get Free Report)

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.

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