Mi-Pay Group (LON:MPAY) Shares Up 11.6% – Should You Buy?

Mi-Pay Group PLC (LON:MPAYGet Free Report)’s stock price traded up 11.6% during mid-day trading on Friday . The company traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.20 ($0.02). 405,457 shares changed hands during trading, a decline of 42% from the average session volume of 703,335 shares. The stock had previously closed at GBX 1.08 ($0.01).

Mi-Pay Group Trading Up 11.6 %

The company has a market cap of £548,811.60 and a P/E ratio of -3.00. The company has a current ratio of 1.01, a quick ratio of 0.99 and a debt-to-equity ratio of 124.03. The stock’s 50 day moving average is GBX 1.20 and its 200-day moving average is GBX 1.20.

About Mi-Pay Group

(Get Free Report)

Mi-Pay Group plc engages in assessing, managing, and mitigating fraud risks in the cardholder-not-present payment solutions market in the United Kingdom, Ireland, rest of Europe, and internationally. It provides an outsourced secure payment services platform for instant top up and digital content services primarily in the mobile sector.

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