PayPoint (LON:PAY) Stock Price Passes Below 200-Day Moving Average – Time to Sell?
by Mitch Edgeman · The Markets DailyPayPoint plc (LON:PAY – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 678.99 and traded as low as GBX 472. PayPoint shares last traded at GBX 477, with a volume of 112,382 shares changing hands.
Analyst Ratings Changes
Separately, Panmure Gordon restated a “buy” rating and issued a GBX 1,100 price objective on shares of PayPoint in a research report on Thursday, November 20th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 1,100.
View Our Latest Stock Analysis on PAY
PayPoint Stock Performance
The company has a debt-to-equity ratio of 81.52, a quick ratio of 0.65 and a current ratio of 0.99. The company has a market cap of £299.11 million, a price-to-earnings ratio of 18.68, a P/E/G ratio of 31.13 and a beta of 0.93. The company has a fifty day moving average of GBX 555.85 and a two-hundred day moving average of GBX 677.55.
PayPoint (LON:PAY – Get Free Report) last issued its quarterly earnings results on Thursday, November 20th. The company reported GBX 29.25 EPS for the quarter. PayPoint had a net margin of 11.65% and a return on equity of 30.78%. Equities research analysts anticipate that PayPoint plc will post 56.9500056 EPS for the current year.
Insiders Place Their Bets
In related news, insider Nick Wiles acquired 65 shares of the stock in a transaction on Friday, December 19th. The stock was purchased at an average price of GBX 470 per share, for a total transaction of £305.50. Also, insider Lan Tu purchased 4,569 shares of the company’s stock in a transaction on Thursday, November 20th. The shares were purchased at an average cost of GBX 543 per share, with a total value of £24,809.67. Insiders have purchased a total of 31,721 shares of company stock worth $17,046,283 over the last 90 days. Corporate insiders own 2.37% of the company’s stock.
About PayPoint
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.