Insider Buying: PayPoint plc (LON:PAY) Insider Purchases £122.13 in Stock

Posted by Matthew Steigler on Apr 27th, 2024

PayPoint plc (LON:PAY – Get Free Report) insider Nick Wiles acquired 23 shares of PayPoint stock in a transaction that occurred on Monday, April 22nd. The stock was acquired at an average cost of GBX 531 ($6.56) per share, with a total value of £122.13 ($150.85).

Nick Wiles also recently made the following trade(s):

On Thursday, February 22nd, Nick Wiles acquired 25 shares of PayPoint stock. The stock was acquired at an average cost of GBX 504 ($6.23) per share, with a total value of £126 ($155.63).

PayPoint Stock Performance

Shares of LON:PAY opened at GBX 513 ($6.34) on Friday. The company has a market capitalization of £372.90 million, a price-to-earnings ratio of 1,197.77, a price-to-earnings-growth ratio of 31.13 and a beta of 0.90. PayPoint plc has a 52 week low of GBX 372.50 ($4.60) and a 52 week high of GBX 585.75 ($7.23). The company has a quick ratio of 0.65, a current ratio of 0.85 and a debt-to-equity ratio of 98.19. The firm has a 50 day moving average of GBX 492.42 and a 200 day moving average of GBX 508.77.

PayPoint Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 5th. Stockholders of record on Thursday, February 1st were given a dividend of GBX 9.50 ($0.12) per share. The ex-dividend date of this dividend was Thursday, February 1st. This is an increase from PayPoint’s previous dividend of $9.30. This represents a dividend yield of 1.79%. PayPoint’s dividend payout ratio is presently 8,837.21%.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 675 ($8.34) price objective on shares of PayPoint in a research note on Wednesday, March 20th.

Check Out Our Latest Analysis on PayPoint

PayPoint Company Profile

(Get Free Report)

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.