Insider Buying: Paypoint plc (LON:PAY) Insider Purchases £119.86 in Stock

Paypoint plc (LON:PAY) insider Rachel Kentleton acquired 13 shares of the stock in a transaction that occurred on Thursday, August 22nd. The shares were acquired at an average cost of GBX 922 ($12.05) per share, with a total value of £119.86 ($156.62).

Rachel Kentleton also recently made the following trade(s):

  • On Monday, July 22nd, Rachel Kentleton acquired 14 shares of Paypoint stock. The shares were acquired at an average cost of GBX 910 ($11.89) per share, with a total value of £127.40 ($166.47).
  • On Monday, June 24th, Rachel Kentleton acquired 12 shares of Paypoint stock. The shares were acquired at an average cost of GBX 1,052 ($13.75) per share, with a total value of £126.24 ($164.95).
  • On Thursday, June 13th, Rachel Kentleton sold 2,740 shares of Paypoint stock. The shares were sold at an average price of GBX 1,057 ($13.81), for a total transaction of £28,961.80 ($37,843.72).

Paypoint stock opened at GBX 911 ($11.90) on Monday. The company has a quick ratio of 0.96, a current ratio of 0.98 and a debt-to-equity ratio of 13.14. The firm has a 50-day moving average price of GBX 923.46 and a two-hundred day moving average price of GBX 946.94. The firm has a market capitalization of $622.70 million and a price-to-earnings ratio of 14.06. Paypoint plc has a 52-week low of GBX 739 ($9.66) and a 52-week high of GBX 1,158 ($15.13).

A number of equities research analysts recently weighed in on the stock. Barclays reaffirmed an “underweight” rating on shares of Paypoint in a research report on Friday, June 7th. Liberum Capital reaffirmed a “buy” rating on shares of Paypoint in a research report on Wednesday, July 24th. Canaccord Genuity boosted their price objective on shares of Paypoint from GBX 1,070 ($13.98) to GBX 1,100 ($14.37) and gave the company a “buy” rating in a research report on Monday, August 5th. Finally, JPMorgan Chase & Co. lowered their price objective on shares of Paypoint from GBX 1,214 ($15.86) to GBX 1,151 ($15.04) and set an “overweight” rating for the company in a research report on Thursday, July 25th. One analyst has rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Paypoint has an average rating of “Buy” and an average price target of GBX 1,150.33 ($15.03).

About Paypoint

PayPoint plc provides specialist consumer payment, transaction processing, settlement, and other services and products in the United Kingdom, Ireland, Romania, North America, and France. The company offers bill and general services, such as prepaid energy, bills, and cash out services; top-ups, including mobiles and prepaid debit card top-ups, eMoney vouchers, prepaid debit cards, and lottery tickets; and retail services comprising ATM, card payments, parcels, money transfer, SIMs, EPoS, broadband, and receipt advertising.

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Insider Buying and Selling by Quarter for Paypoint (LON:PAY)

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