PayPoint (LON:PAY) Share Price Crosses Above 200-Day Moving Average - Here's Why

Key Points

• PayPoint plc shares have surpassed their 200-day moving average, trading at GBX 749.56 ($10.07), indicating potential momentum in the stock's performance.
• The company's recent earnings report revealed an EPS of GBX 70.10 ($0.94), with analysts forecasting an EPS of 56.95 for the current year.
• PayPoint has a market cap of £530.63 million, along with a PE ratio of 15.22, suggesting moderate valuation metrics in the context of its sector.

PayPoint plc (LON:PAY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 697.09 ($9.37) and traded as high as GBX 760 ($10.21). PayPoint shares last traded at GBX 749.56 ($10.07), with a volume of 153,068 shares.

PayPoint Stock Down 0.7%

The stock has a market capitalization of £527.05 million, a P/E ratio of 15.11, a PEG ratio of 31.13 and a beta of 0.93. The company has a debt-to-equity ratio of 81.52, a current ratio of 0.99 and a quick ratio of 0.65. The stock's fifty day moving average is GBX 768.32 and its two-hundred day moving average is GBX 696.68.

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

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.