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

Key Points

• PayPoint plc's share price recently surpassed its 200-day moving average of GBX 701.79, trading as high as GBX 758.56 before closing at GBX 739.
• The company reported a quarterly earnings per share of GBX 70.10 and expects to achieve earnings of approximately 57 pence per share for the current fiscal year.
• PayPoint operates in the UK providing a range of payment and banking services, including card payment solutions and e-commerce services through its two segments, PayPoint and Love2shop.

Shares of PayPoint plc (LON:PAY - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 701.79 ($9.44) and traded as high as GBX 758.56 ($10.21). PayPoint shares last traded at GBX 739 ($9.94), with a volume of 190,395 shares trading hands.

PayPoint Stock Up 0.6%

The firm has a 50 day moving average of GBX 774 and a 200 day moving average of GBX 702.93. The firm has a market cap of £523.47 million, a price-to-earnings ratio of 15.01, a PEG ratio of 31.13 and a beta of 0.93. The company has a quick ratio of 0.65, a current ratio of 0.99 and a debt-to-equity ratio of 81.52.

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

About PayPoint

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.