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PayPoint (LON:PAY) Stock Crosses Above Two Hundred Day Moving Average - Here's Why

PayPoint logo with Computer and Technology background

PayPoint plc (LON:PAY - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 697.75 ($9.36) and traded as high as GBX 785 ($10.53). PayPoint shares last traded at GBX 764 ($10.25), with a volume of 2,134,115 shares changing hands.

PayPoint Stock Down 0.6%

The company has a market capitalization of £547.82 million, a PE ratio of 15.71, a P/E/G ratio of 31.13 and a beta of 0.93. The firm has a 50 day simple moving average of GBX 761.52 and a two-hundred day simple moving average of GBX 696.43. The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 81.52.

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

About PayPoint

(Get Free Report)

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.

Further Reading

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