PCI-PAL (LON:PCIP) Stock Price Up 2% – Should You Buy?

PCI-PAL PLC (LON:PCIP)’s stock price rose 2% during trading on Wednesday. The stock traded as high as GBX 75 and last traded at GBX 74.97. Approximately 85,466 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 95,399 shares. The stock had previously closed at GBX 73.50.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reiterated 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 MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 115.

PCI-PAL Price Performance

The stock has a 50 day moving average of GBX 68.24 and a two-hundred day moving average of GBX 55.18. The stock has a market capitalization of £55.11 million, a PE ratio of -111.76 and a beta of 0.64.

Insiders Place Their Bets

In related news, insider Carolyn Rand purchased 8,608 shares of the business’s stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average price of GBX 5,810 per share, for a total transaction of £500,124.80. Also, insider James Barham acquired 26,466 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The shares were bought at an average cost of GBX 57 per share, for a total transaction of £15,085.62. Corporate 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.