PayPoint (LON:PAY) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

PayPoint plc (LON:PAYGet Free Report)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 716.32 ($9.54) and traded as high as GBX 758 ($10.10). PayPoint shares last traded at GBX 758 ($10.10), with a volume of 274,779 shares trading hands.

PayPoint Price Performance

The business’s 50 day moving average is GBX 710.05 and its 200-day moving average is GBX 716.32. The firm has a market capitalization of £521.16 million, a P/E ratio of 2,866.92, a PEG ratio of 31.13 and a beta of 0.93. The company has a quick ratio of 0.65, a current ratio of 0.99 and a debt-to-equity ratio of 81.52.

About PayPoint

(Get Free Report)

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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