PayPoint (LON:PAY) Share Price Passes Above Two Hundred Day Moving Average of $508.33

PayPoint plc (LON:PAY) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 508.33 ($6.28) and traded as high as GBX 545 ($6.73). PayPoint shares last traded at GBX 533 ($6.58), with a volume of 222,675 shares.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 675 ($8.34) price objective on shares of PayPoint in a report on Wednesday, March 20th.

PayPoint Stock Up 0.2 %

The company has a quick ratio of 0.65, a current ratio of 0.85 and a debt-to-equity ratio of 98.19. The company has a market cap of £388.16 million, a P/E ratio of 1,239.53, a price-to-earnings-growth ratio of 31.13 and a beta of 0.90. The company has a fifty day moving average of GBX 491.22 and a 200 day moving average of GBX 508.33.

PayPoint Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 5th. Investors of record on Thursday, February 1st were issued a GBX 9.50 ($0.12) dividend. The ex-dividend date was Thursday, February 1st. This represents a dividend yield of 1.79%. This is a positive change from PayPoint’s previous dividend of $9.30. PayPoint’s payout ratio is presently 8,837.21%.

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.