Paypoint (OTCMKTS:PYPTF) Shares Gap Up - Here's Why

Key Points

• Paypoint's shares experienced a significant gap up, opening at $12.00 after previously closing at $9.90.
• The company specializes in payments and banking services in the UK, operating through the PayPoint and Love2shop segments.
• Paypoint currently has a debt-to-equity ratio of 1.07, indicating its financial leverage in relation to its equity.

Paypoint (OTCMKTS:PYPTF - )'s share price gapped up before the market opened on Friday . The stock had previously closed at $9.90, but opened at $12.00. Paypoint shares last traded at $12.00, with a volume of 200 shares.

Paypoint Price Performance

The company has a current ratio of 0.95, a quick ratio of 0.93 and a debt-to-equity ratio of 1.07. The company's fifty day moving average is $9.95 and its 200-day moving average is $8.67.

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.

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