PayPoint (OTCMKTS:PYPTF) Upgraded at Zacks Investment Research

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PayPoint (OTCMKTS:PYPTF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday, reports.

According to Zacks, “PayPoint Plc provides cash, card and contactless payments to utility companies, retailers, transport firms, mobile phone providers and government. The services provided by the company include PayPoint One, ATM’s, CollectPlus, SIMs and Western Union. PayPoint Plc is headquartered in Hertz, United Kingdom. “

Shares of PYPTF opened at $7.25 on Thursday. The company has a 50-day simple moving average of $7.25 and a 200-day simple moving average of $7.25. The firm has a market capitalization of $494.16 million, a P/E ratio of 8.63 and a beta of -0.22. PayPoint has a 52 week low of $7.25 and a 52 week high of $9.14.

About PayPoint

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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