Insider Buying: PayPoint plc (LON:PAY) Insider Buys 23 Shares of Stock

PayPoint plc (LON:PAY - Get Free Report) insider Nick Wiles bought 23 shares of the company's stock in a transaction dated Monday, April 22nd. The shares were acquired at an average price of GBX 531 ($6.56) per share, for a total transaction of £122.13 ($150.85).

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

• On Thursday, February 22nd, Nick Wiles purchased 25 shares of PayPoint stock. The stock was bought at an average cost of GBX 504 ($6.23) per share, for a total transaction of £126 ($155.63).

PayPoint Stock Performance

Shares of LON:PAY traded down GBX 4 ($0.05) during trading on Wednesday, hitting GBX 527 ($6.51). The company's stock had a trading volume of 62,010 shares, compared to its average volume of 101,399. The company has a 50-day moving average of GBX 491.64 and a 200-day moving average of GBX 508.52. The company has a debt-to-equity ratio of 98.19, a current ratio of 0.85 and a quick ratio of 0.65. The firm has a market cap of £383.08 million, a price-to-earnings ratio of 1,225.58, a P/E/G ratio of 31.13 and a beta of 0.90. PayPoint plc has a 12 month low of GBX 372.50 ($4.60) and a 12 month high of GBX 585.75 ($7.23).

PayPoint Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 5th. Investors of record on Thursday, February 1st were issued a GBX 9.50 ($0.12) dividend. The ex-dividend date was Thursday, February 1st. This represents a yield of 1.79%. This is an increase from PayPoint's previous dividend of $9.30. PayPoint's dividend payout ratio is currently 8,837.21%.

Analysts Set New Price Targets

Separately, Jefferies Financial Group restated a "buy" rating and set a GBX 675 ($8.34) price objective on shares of PayPoint in a research note on Wednesday, March 20th.

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.