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

PayPoint plc (LON:PAY) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 598.28 and traded as high as GBX 619. PayPoint shares last traded at GBX 607.64, with a volume of 724,707 shares trading hands.

Analyst Ratings Changes

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

PayPoint Stock Down 1.1%

The company has a debt-to-equity ratio of 120.72, a quick ratio of 0.65 and a current ratio of 1.00. The firm has a market capitalization of £367.33 million, a PE ratio of 23.34, a PEG ratio of 31.13 and a beta of 0.25. The company has a fifty day moving average price of GBX 519.64 and a 200-day moving average price of GBX 598.28.

Insider Buying and Selling

In other PayPoint news, insider Nick Wiles acquired 65 shares of the company’s stock in a transaction on Friday, December 19th. The stock was acquired at an average cost of GBX 470 per share, with a total value of £305.50. Insiders have acquired a total of 237 shares of company stock worth $117,156 in the last three months. 2.41% of the stock is owned by company insiders.

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.