W.A.G payment solutions (LON:WPS) Stock Price Down 2% - What's Next?

W.A.G payment solutions plc (LON:WPS - Get Free Report) dropped 2% during trading on Thursday . The stock traded as low as GBX 58.60 ($0.78) and last traded at GBX 59 ($0.78). Approximately 550,800 shares were traded during mid-day trading, an increase of 91% from the average daily volume of 288,334 shares. The stock had previously closed at GBX 60.20 ($0.80).

Analyst Ratings Changes

Separately, Berenberg Bank reissued a "buy" rating and issued a GBX 120 ($1.60) target price on shares of W.A.G payment solutions in a research note on Tuesday, March 25th.

W.A.G payment solutions Trading Up 8.7%

The company has a market cap of £541.53 million, a P/E ratio of -13.24 and a beta of 0.13. The company has a current ratio of 0.97, a quick ratio of 1.28 and a debt-to-equity ratio of 161.47. The business has a 50 day moving average price of GBX 60.92 and a 200-day moving average price of GBX 70.83.

W.A.G payment solutions (LON:WPS - Get Free Report) last posted its quarterly earnings results on Tuesday, March 25th. The company reported GBX 4.65 ($0.06) earnings per share for the quarter. W.A.G payment solutions had a negative return on equity of 15.92% and a negative net margin of 1.98%. Analysts forecast that W.A.G payment solutions plc will post 7.1466198 earnings per share for the current fiscal year.

W.A.G payment solutions Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Thursday, June 26th will be issued a GBX 3 ($0.04) dividend. This represents a yield of 5%. The ex-dividend date is Thursday, June 26th.

W.A.G payment solutions Company Profile

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe's commercial road transport industry, with a purpose to make it clean, fair and efficient. Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery. Please visit our website https://investors.eurowag.com for more information.