PayPoint (LON:PAY) Shares Cross Above 200 Day Moving Average – What’s Next?

PayPoint plc (LON:PAY) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 701.53 ($8.82) and traded as high as GBX 770 ($9.68). PayPoint shares last traded at GBX 762 ($9.58), with a volume of 323,443 shares.

PayPoint Trading Down 0.9 %

The stock has a market capitalization of £549.63 million, a price-to-earnings ratio of 1,555.10, a PEG ratio of 31.13 and a beta of 0.93. The company has a current ratio of 0.99, a quick ratio of 0.65 and a debt-to-equity ratio of 81.52. The firm has a 50-day moving average of GBX 787.24 and a 200 day moving average of GBX 701.53.

PayPoint Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, March 28th. Investors of record on Thursday, February 27th will be issued a GBX 9.70 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, February 27th. This represents a dividend yield of 1.16%. This is a positive change from PayPoint’s previous dividend of $9.60. PayPoint’s dividend payout ratio (DPR) is currently 3,877.55%.

About PayPoint

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.