PCI-PAL (LON:PCIP) Stock Price Up 4.4% – Here’s What Happened

PCI-PAL PLC (LON:PCIP)’s stock price traded up 4.4% on Monday . The company traded as high as GBX 73 and last traded at GBX 71. 168,498 shares traded hands during mid-day trading, an increase of 77% from the average session volume of 95,461 shares. The stock had previously closed at GBX 68.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 115 price target on shares of PCI-PAL in a research report on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of GBX 115.

PCI-PAL Stock Up 4.4%

The business’s fifty day moving average is GBX 56.18 and its two-hundred day moving average is GBX 52.12. The firm has a market cap of £51.49 million, a price-to-earnings ratio of -104.41 and a beta of 0.64.

Insiders Place Their Bets

In other news, insider James Barham bought 26,466 shares of the company’s stock in a transaction dated Friday, July 31st. The stock was bought at an average price of GBX 57 per share, for a total transaction of £15,085.62. Also, insider Carolyn Rand purchased 8,608 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were purchased at an average cost of GBX 5,810 per share, for a total transaction of £500,124.80. 9.44% of the stock is currently owned by company insiders.

About PCI-PAL

PCI-PAL provides organisations that engage with customers by phone with globally accessible cloud solutions, ensuring their conversations are PCI compliant and personal data is protected. Safeguarding reputations and trust.

Our vision is be the preferred solution provider that technology vendors globally turn to for achieving PCI compliance for payments by phone. By dedicating ourselves to the focused pursuit of easy to integrate and simple to deploy technology, we will provide the most compelling value proposition for our partners to solve their customers challenges in achieving compliance and safeguarding reputations.

It is our people, beyond our technology, who underpin our business and support our partners.