PayPoint plc (LON:PAY) Insider Nick Wiles Buys 19 Shares

PayPoint plc (LON:PAY) insider Nick Wiles acquired 19 shares of PayPoint stock in a transaction that occurred on Monday, June 24th. The shares were purchased at an average cost of GBX 646 ($8.19) per share, for a total transaction of £122.74 ($155.70).

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

• On Wednesday, May 22nd, Nick Wiles acquired 23 shares of PayPoint stock. The shares were purchased at an average cost of GBX 557 ($7.07) per share, for a total transaction of £128.11 ($162.51).
• On Monday, April 22nd, Nick Wiles acquired 23 shares of PayPoint stock. The shares were purchased at an average cost of GBX 531 ($6.74) per share, for a total transaction of £122.13 ($154.93).

PayPoint Stock Performance

Shares of PAY opened at GBX 650 ($8.25) on Friday. The company has a debt-to-equity ratio of 98.19, a quick ratio of 0.65 and a current ratio of 0.85. PayPoint plc has a twelve month low of GBX 431.46 ($5.47) and a twelve month high of GBX 657.84 ($8.35). The firm’s 50 day moving average price is GBX 563.55 and its two-hundred day moving average price is GBX 523.37. The firm has a market cap of £472.55 million, a P/E ratio of 1,511.63, a PEG ratio of 31.13 and a beta of 0.85.

PayPoint Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, August 29th will be issued a dividend of GBX 9.60 ($0.12) per share. This is a boost from PayPoint’s previous dividend of $9.50. The ex-dividend date is Thursday, August 29th. This represents a yield of 1.69%. PayPoint’s dividend payout ratio is presently 8,837.21%.

Analyst Ratings Changes

Separately, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 675 ($8.56) price target on shares of PayPoint in a research note on Wednesday, March 20th.

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.