PCI-PAL (LON:PCIP) Trading Up 4.4% – Should You Buy?

PCI-PAL PLC (LON:PCIP)’s share price shot up 4.4% on Monday . The stock traded as high as GBX 73 and last traded at GBX 71. Approximately 168,498 shares changed hands during trading, an increase of 77% from the average daily volume of 95,461 shares. The stock had previously closed at GBX 68.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 115 price target on shares of PCI-PAL in a research report on Tuesday, July 28th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of GBX 115.

PCI-PAL Stock Up 4.4%

The stock has a market capitalization of £51.49 million, a price-to-earnings ratio of -104.41 and a beta of 0.64. The stock’s 50-day simple moving average is GBX 56.18 and its 200 day simple moving average is GBX 52.12.

Insider Buying and Selling

In other PCI-PAL news, insider James Barham bought 26,466 shares of PCI-PAL stock in a transaction dated Friday, July 31st. The shares were acquired at an average cost of GBX 57 per share, with a total value of £15,085.62. Also, insider Carolyn Rand bought 8,608 shares of PCI-PAL stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average cost of GBX 5,810 per share, for a total transaction of £500,124.80. Insiders own 9.44% of the company’s stock.

About PCI-PAL

PCI-PAL provides organisations that engage with customers by phone with globally accessible cloud solutions, ensuring their conversations are PCI compliant and personal data is protected. Safeguarding reputations and trust.

Our vision is be the preferred solution provider that technology vendors globally turn to for achieving PCI compliance for payments by phone. By dedicating ourselves to the focused pursuit of easy to integrate and simple to deploy technology, we will provide the most compelling value proposition for our partners to solve their customers challenges in achieving compliance and safeguarding reputations.

It is our people, beyond our technology, who underpin our business and support our partners.