PayPoint (LON:PAY) Sets New 12-Month Low - Here's What Happened

PayPoint plc (LON:PAY - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 438.50 and last traded at GBX 461, with a volume of 328910 shares changing hands. The stock had previously closed at GBX 438.50.Wall Street Analyst Weigh InSeparately, Panmure Gordon reaffirmed a "buy" rating and issued a GBX 1,100 price objective on shares of PayPoint in a research note on Thursday, November 20th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of GBX 1,100.Get Our Latest Analysis on PayPointPayPoint Trading Up 5.1%The business's fifty day moving average is GBX 653.88 and its 200-day moving average is GBX 710.17. The company has a debt-to-equity ratio of 81.52, a quick ratio of 0.65 and a current ratio of 0.99. The firm has a market cap of £291.21 million, a P/E ratio of 18.19, a price-to-earnings-growth ratio of 31.13 and a beta of 0.93. PayPoint (LON:PAY - Get Free Report) last issued its quarterly earnings data on Thursday, November 20th. The company reported GBX 29.25 earnings per share for the quarter. PayPoint had a net margin of 11.65% and a return on equity of 30.78%. Analysts predict that PayPoint plc will post 56.9500056 EPS for the current year. Insiders Place Their BetsIn other news, insider Nick Wiles purchased 25,000 shares of the business's stock in a transaction on Thursday, November 20th. The shares were acquired at an average price of GBX 538 per share, with a total value of £134,500. Also, insider Lan Tu bought 4,569 shares of the business's stock in a transaction that occurred on Thursday, November 20th. The shares were acquired at an average price of GBX 543 per share, for a total transaction of £24,809.67. In the last 90 days, insiders bought 31,579 shares of company stock worth $16,979,543. 2.37% of the stock is currently owned by insiders. 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.Featured StoriesFive stocks we like better than PayPointCompound Interest and Why It Matters When Investing5 Tech Stocks Insiders Are Selling (But Smart Investors Are Loading Up)Bank Stocks - Best Bank Stocks to Invest InWhy FuelCell Energy Stock Is Soaring After a Government DealDo Real Estate Investment Trusts Deserve a Place in Your Portfolio?SoftBank’s Next AI Move? DigitalBridge Rockets 46% on Takeover BuzzThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in PayPoint Right Now?Before you consider PayPoint, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PayPoint wasn't on the list.While PayPoint currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here