Insider Buying: PayPoint (LON:PAY) Insider Acquires 24 Shares of Stock

PayPoint plc (LON:PAY) insider Rob Harding acquired 24 shares of the company’s stock in a transaction that occurred on Thursday, January 22nd. The shares were acquired at an average price of GBX 506 per share, with a total value of £121.44.

Rob Harding also recently made the following trade(s):

• On Monday, December 22nd, Rob Harding acquired 27 shares of PayPoint stock. The shares were bought at an average price of GBX 470 per share, with a total value of £126.90.
• On Friday, December 19th, Rob Harding purchased 24 shares of PayPoint stock. The shares were purchased at an average price of GBX 470 per share, for a total transaction of £112.80.
• On Monday, November 24th, Rob Harding bought 26 shares of PayPoint stock. The shares were bought at an average cost of GBX 482 per share, for a total transaction of £125.32.
• On Friday, November 21st, Rob Harding bought 1,924 shares of PayPoint stock. The shares were purchased at an average cost of GBX 519 per share, with a total value of £9,985.56.

PayPoint Trading Up 2.0%

LON PAY traded up GBX 10 during trading hours on Friday, hitting GBX 516. 583,115 shares of the company’s stock were exchanged, compared to its average volume of 479,158. The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 81.52. PayPoint plc has a 1-year low of GBX 438.35 and a 1-year high of GBX 870. The stock has a 50-day simple moving average of GBX 485.91 and a 200 day simple moving average of GBX 640.50. The firm has a market cap of £322.66 million, a price-to-earnings ratio of 20.36, a PEG ratio of 31.13 and a beta of 0.93.

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

Wall Street Analyst Weigh In

Separately, Panmure Gordon reaffirmed a “buy” rating and issued a GBX 1,100 price objective on shares of PayPoint in a research report on Thursday, November 20th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, PayPoint has a consensus rating of “Buy” and an average target price of GBX 1,100.

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.