PayPoint (LON:PAY) Reaches New 12-Month High at $670.01

Shares of PayPoint plc (LON:PAY) reached a new 52-week high during trading on Friday . The stock traded as high as GBX 670.01 ($8.58) and last traded at GBX 664.75 ($8.51), with a volume of 116353 shares changing hands. The stock had previously closed at GBX 655 ($8.39).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating and issued a GBX 675 ($8.65) price objective on shares of PayPoint in a research note on Wednesday, March 20th.

PayPoint Trading Up 1.5 %

The company has a market cap of £483.27 million, a P/E ratio of 1,534.88, a PEG ratio of 31.13 and a beta of 0.85. 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’s 50 day moving average is GBX 585.67 and its two-hundred day moving average is GBX 533.42.

PayPoint Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, August 29th will be given a dividend of GBX 9.60 ($0.12) per share. This represents a dividend yield of 1.69%. This is an increase from PayPoint’s previous dividend of $9.50. The ex-dividend date is Thursday, August 29th. PayPoint’s dividend payout ratio (DPR) is 8,837.21%.

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.