PayPoint (LON:PAY) Stock Price Crosses Above Two Hundred Day Moving Average of $590.88

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PayPoint plc (LON:PAY)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 590.88 ($7.72) and traded as high as GBX 601.47 ($7.86). PayPoint shares last traded at GBX 600 ($7.84), with a volume of 329,973 shares trading hands.

Separately, Barclays reiterated an “underweight” rating and issued a GBX 540 ($7.06) price objective on shares of PayPoint in a report on Monday, December 14th.

The stock has a market capitalization of £416.06 million and a P/E ratio of 9.82. The company has a debt-to-equity ratio of 46.78, a current ratio of 1.00 and a quick ratio of 0.67. The stock’s fifty day moving average is GBX 589.38 and its two-hundred day moving average is GBX 590.78.

About PayPoint (LON:PAY)

PayPoint plc provides specialist consumer payment, transaction processing, settlement, and other services and products in the United Kingdom, Ireland, and Romania. It offers bill and general services, such as prepaid energy, bills, and cash out services; top-ups, including mobiles phones, eMoney vouchers, prepaid debit cards, and lottery tickets; and retail services comprising ATM, card payments, parcels, money transfer, SIMs, EPoS, and receipt advertising.

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