Paypoint (OTCMKTS:PYPTF) Trading Up 15.2% - Time to Buy?

Key Points

• Paypoint shares surged by 15.2% during mid-day trading, reaching a price of $9.12 after previously closing at $7.92.
• The company reported a current ratio of 0.95, a quick ratio of 0.93, and a debt-to-equity ratio of 1.07.
• PayPoint plc provides a variety of payment and banking services, operating through segments including PayPoint and Love2shop across the UK.

Paypoint (OTCMKTS:PYPTF - ) shares were up 15.2% during mid-day trading on Monday . The stock traded as high as $9.12 and last traded at $9.12. Approximately 100 shares were traded during trading, The stock had previously closed at $7.92.

Paypoint Trading Up 15.2%

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 simple moving average is $8.86 and its 200-day simple moving average is $8.31.

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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