Paypoint (OTCMKTS:PYPTF) Trading Down 21.6% - Should You Sell?

Key Points

• Paypoint's share price fell by 21.6% to $9.90 during trading on Monday, marking a significant decline from its previous close of $12.63.
• Trading volume spiked to approximately 250 shares, an increase of 1,329% compared to the average daily volume of 18 shares.
• The company offers various payments and banking services in the UK through its PayPoint and Love2shop segments, which include card payment services and bill payment solutions.

Paypoint (OTCMKTS:PYPTF - )'s share price dropped 21.6% during trading on Monday . The company traded as low as $9.90 and last traded at $9.90. Approximately 250 shares were traded during mid-day trading, an increase of 1,329% from the average daily volume of 18 shares. The stock had previously closed at $12.63.

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 firm's fifty day moving average price is $9.92 and its 200-day moving average price is $8.64.

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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