PayPoint (LON:PAY) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Shares of PayPoint plc (LON:PAY) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 665.93 and traded as low as GBX 474. PayPoint shares last traded at GBX 477.27, with a volume of 392,045 shares traded.

Wall Street Analysts Forecast Growth

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

PayPoint Trading Down 0.1%

The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 81.52. The company has a market cap of £301.00 million, a PE ratio of 18.80, a PEG ratio of 31.13 and a beta of 0.93. The stock has a 50 day moving average price of GBX 530.85 and a 200 day moving average price of GBX 665.93.

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

Insider Activity at PayPoint

In other PayPoint news, insider Rob Harding bought 1,924 shares of the firm’s stock in a transaction on Friday, November 21st. The stock was acquired at an average price of GBX 519 per share, with a total value of £9,985.56. Also, insider Nick Wiles bought 25,000 shares of the stock in a transaction dated Thursday, November 20th. The shares were acquired at an average price of GBX 538 per share, with a total value of £134,500. Insiders acquired a total of 31,721 shares of company stock valued at $17,046,283 in the last three months. Company insiders own 2.37% of the company’s stock.

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.