PayPoint (LON:PAY) Reaches New 1-Year Low – Should You Sell?

PayPoint plc (LON:PAY) shares reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 501 and last traded at GBX 501, with a volume of 694461 shares traded. The stock had previously closed at GBX 512.

Analysts Set New Price Targets

Separately, Panmure Gordon reiterated a “buy” rating and set a GBX 1,100 price objective on shares of PayPoint in a research note on Thursday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of GBX 1,100.

PayPoint Stock Performance

The company has a debt-to-equity ratio of 81.52, a quick ratio of 0.65 and a current ratio of 0.99. The stock has a market cap of £318.24 million, a PE ratio of 17.58, a price-to-earnings-growth ratio of 31.13 and a beta of 0.93. The firm has a fifty day moving average price of GBX 696.57 and a 200 day moving average price of GBX 726.08.

PayPoint (LON:PAY) last issued its quarterly earnings results 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%. Research analysts forecast that PayPoint plc will post 56.9500056 earnings per share for the current fiscal year.

Insider Buying and Selling at PayPoint

In related news, insider Lan Tu acquired 4,569 shares of the company’s stock in a transaction dated Thursday, November 20th. The shares were purchased at an average cost of GBX 543 per share, with a total value of £24,809.67. Also, insider Nick Wiles bought 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The stock was purchased at an average cost of GBX 538 per share, for a total transaction of £134,500. Insiders have bought 29,603 shares of company stock valued at $15,955,923 over the last quarter. Insiders own 2.31% of the company’s stock.

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.