PayPoint plc (LON:PAY) Insider Buys £121.86 in Stock

PayPoint plc (LON:PAY - Get Free Report) insider Nick Wiles purchased 18 shares of the company's stock in a transaction that occurred on Thursday, May 22nd. The stock was acquired at an average cost of GBX 677 ($9.15) per share, with a total value of £121.86 ($164.68).

PayPoint Trading Up 5.0%

LON:PAY traded up GBX 34 ($0.46) during trading hours on Wednesday, hitting GBX 717 ($9.69). 257,285 shares of the stock were exchanged, compared to its average volume of 251,079. 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 plc has a twelve month low of GBX 530 ($7.16) and a twelve month high of GBX 865 ($11.69). The company has a market capitalization of £513.45 million, a P/E ratio of 14.72, a price-to-earnings-growth ratio of 31.13 and a beta of 0.93. The company's 50 day moving average is GBX 652.75 and its two-hundred day moving average is GBX 699.79.

PayPoint Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Thursday, February 27th were paid a GBX 9.70 ($0.13) dividend. The ex-dividend date was Thursday, February 27th. This represents a dividend yield of 1.16%. This is an increase from PayPoint's previous dividend of $9.60. PayPoint's dividend payout ratio is 39.02%.

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.