PayPoint (LON:PAY) Given “Buy” Rating at Panmure Gordon

PayPoint (LON:PAY)‘s stock had its “buy” rating restated by Panmure Gordon in a note issued to investors on Thursday,Digital Look reports. They presently have a GBX 1,100 price objective on the stock. Panmure Gordon’s price objective suggests a potential upside of 108.73% from the stock’s current price.

PayPoint Stock Performance

LON:PAY traded down GBX 123 during mid-day trading on Thursday, hitting GBX 527. 2,399,541 shares of the company’s stock traded hands, compared to its average volume of 240,849. The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 81.52. The firm has a 50 day moving average of GBX 699.75 and a two-hundred day moving average of GBX 727.58. The firm has a market capitalization of £334.76 million, a price-to-earnings ratio of 18.50, a price-to-earnings-growth ratio of 31.13 and a beta of 0.93. PayPoint has a 12 month low of GBX 525 and a 12 month high of GBX 870.

PayPoint (LON:PAY) last posted its quarterly earnings data on Thursday, November 20th. The company reported GBX 29.25 earnings per share for the quarter. PayPoint had a return on equity of 30.78% and a net margin of 11.65%. On average, equities analysts forecast that PayPoint will post 56.9500056 earnings per share for the current fiscal year.

PayPoint Company Profile

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.