PayPoint (LON:PAY) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

PayPoint plc (LON:PAYGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 598.28 and traded as high as GBX 619. PayPoint shares last traded at GBX 607.64, with a volume of 724,707 shares traded.

Wall Street Analyst Weigh In

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

Check Out Our Latest Research Report on PayPoint

PayPoint Trading Up 2.6%

The company has a debt-to-equity ratio of 120.72, a quick ratio of 0.65 and a current ratio of 1.00. The stock has a market capitalization of £370.16 million, a PE ratio of 23.52, a price-to-earnings-growth ratio of 31.13 and a beta of 0.25. The business’s 50-day moving average is GBX 524.41 and its two-hundred day moving average is GBX 598.17.

Insider Activity at PayPoint

In other news, insider Nick Wiles bought 65 shares of the stock in a transaction dated Friday, December 19th. The shares were acquired at an average price of GBX 470 per share, with a total value of £305.50. In the last ninety days, insiders have acquired 237 shares of company stock valued at $117,156. 2.41% of the stock is currently owned by company insiders.

PayPoint Company Profile

(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.

Recommended Stories

Receive News & Ratings for PayPoint Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PayPoint and related companies with MarketBeat.com's FREE daily email newsletter.