Insider Buying: PayPoint (LON:PAY) Insider Acquires 65 Shares of Stock

PayPoint plc (LON:PAY) insider Nick Wiles acquired 65 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The shares were bought at an average cost of GBX 470 per share, for a total transaction of £305.50.

Nick Wiles also recently made the following trade(s):

• On Monday, November 24th, Nick Wiles bought 26 shares of PayPoint stock. The stock was purchased at an average price of GBX 482 per share, with a total value of £125.32.
• On Thursday, November 20th, Nick Wiles purchased 25,000 shares of PayPoint stock. The shares were purchased at an average cost of GBX 538 per share, with a total value of £134,500.
• On Wednesday, October 22nd, Nick Wiles purchased 17 shares of PayPoint stock. The stock was purchased at an average price of GBX 734 per share, for a total transaction of £124.78.

PayPoint Stock Up 0.3%

Shares of PayPoint stock opened at GBX 469.75 on Monday. The company has a quick ratio of 0.65, a current ratio of 0.99 and a debt-to-equity ratio of 81.52. The company has a market cap of £296.74 million, a P/E ratio of 18.53, a PEG ratio of 31.13 and a beta of 0.93. The firm’s 50 day moving average price is GBX 598.86 and its 200-day moving average price is GBX 693.24. PayPoint plc has a 52-week low of GBX 438.35 and a 52-week high of GBX 870.

PayPoint (LON:PAY) last announced its earnings results on Thursday, November 20th. The company reported GBX 29.25 earnings per share for the quarter. PayPoint had a net margin of 11.65% and a return on equity of 30.78%. On average, sell-side analysts predict that PayPoint plc will post 56.9500056 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Panmure Gordon restated a “buy” rating and set a GBX 1,100 target price on shares of PayPoint in a research note on Thursday, November 20th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of GBX 1,100.

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.