PayPoint (LON:PAY) Stock Passes Above 200-Day Moving Average – What’s Next?

Shares of PayPoint plc (LON:PAY) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 693.26 ($9.34) and traded as high as GBX 815 ($10.97). PayPoint shares last traded at GBX 808.09 ($10.88), with a volume of 312,616 shares.

PayPoint Stock Performance

The company has a market capitalization of £586.49 million, a PE ratio of 16.82, a PEG ratio of 31.13 and a beta of 0.93. The company has a 50 day moving average of GBX 697.98 and a two-hundred day moving average of GBX 693.26. The company has a debt-to-equity ratio of 81.52, a current ratio of 0.99 and a quick ratio of 0.65.

PayPoint (LON:PAY) last released its earnings results on Thursday, June 12th. The company reported GBX 70.10 ($0.94) EPS for the quarter. PayPoint had a return on equity of 30.78% and a net margin of 11.65%. As a group, equities research analysts predict that PayPoint plc will post 56.9500056 earnings per share for the current year.

PayPoint Increases Dividend

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

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.