PayPoint (LON:PAY) Stock Price Passes Above 200 Day Moving Average – Should You Sell?

Shares of PayPoint plc (LON:PAY) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 693.57 ($9.40) and traded as high as GBX 760 ($10.30). PayPoint shares last traded at GBX 751.17 ($10.18), with a volume of 128,415 shares trading hands.

PayPoint Trading Up 1.2%

The stock has a 50 day moving average of GBX 669.10 and a 200-day moving average of GBX 693.57. The company has a market capitalization of £537.92 million, a P/E ratio of 15.43, a P/E/G ratio of 31.13 and a beta of 0.93. The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 81.52.

PayPoint Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Shareholders of record on Thursday, February 27th were issued a dividend of GBX 9.70 ($0.13) per share. The ex-dividend date of this dividend was Thursday, February 27th. This represents a yield of 1.16%. This is an increase from PayPoint’s previous dividend of $9.60. PayPoint’s payout ratio is currently 39.02%.

PayPoint Company Profile

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.