PayPoint plc (LON:PAY) Insider Acquires £126.73 in Stock

PayPoint plc (LON:PAY) insider Rob Harding bought 19 shares of the company’s stock in a transaction dated Monday, July 22nd. The stock was bought at an average cost of GBX 667 ($8.63) per share, for a total transaction of £126.73 ($163.90).

PayPoint Trading Down 0.9 %

LON:PAY opened at GBX 660 ($8.54) on Friday. The firm has a market cap of £479.82 million, a P/E ratio of 1,541.86, a PEG ratio of 31.13 and a beta of 0.85. The company has a current ratio of 0.85, a quick ratio of 0.65 and a debt-to-equity ratio of 98.19. The stock’s 50 day simple moving average is GBX 606.50 and its 200-day simple moving average is GBX 542.66. PayPoint plc has a 12-month low of GBX 445 ($5.76) and a 12-month high of GBX 679 ($8.78).

PayPoint Increases Dividend

The firm also recently disclosed 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 represents a yield of 1.69%. The ex-dividend date is Thursday, August 29th. This is a positive change from PayPoint’s previous dividend of $9.50. PayPoint’s dividend payout ratio is currently 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.