PayPoint (LON:PAY) Share Price Passes Above 200-Day Moving Average of $590.88

PayPoint plc (LON:PAY)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 590.88 ($7.72) and traded as high as GBX 601.47 ($7.86). PayPoint shares last traded at GBX 600 ($7.84), with a volume of 329,973 shares.

Separately, Barclays reaffirmed an “underweight” rating and set a GBX 540 ($7.06) price target on shares of PayPoint in a research report on Monday, December 14th.

The business’s 50-day moving average is GBX 589.38 and its two-hundred day moving average is GBX 590.78. The company has a current ratio of 1.00, a quick ratio of 0.67 and a debt-to-equity ratio of 46.78. The stock has a market capitalization of £416.06 million and a PE ratio of 9.82.

PayPoint Company Profile (LON:PAY)

PayPoint plc provides specialist consumer payment, transaction processing, settlement, and other services and products in the United Kingdom, Ireland, and Romania. It offers bill and general services, such as prepaid energy, bills, and cash out services; top-ups, including mobiles phones, eMoney vouchers, prepaid debit cards, and lottery tickets; and retail services comprising ATM, card payments, parcels, money transfer, SIMs, EPoS, and receipt advertising.

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