Insider Buying: PayPoint plc (LON:PAY) Insider Buys £126.72 in Stock

PayPoint plc (LON:PAY) insider Rob Harding bought 16 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was purchased at an average price of GBX 792 ($10.04) per share, for a total transaction of £126.72 ($160.65).

Rob Harding also recently made the following trade(s):

• On Monday, September 23rd, Rob Harding bought 18 shares of PayPoint stock. The shares were acquired at an average price of GBX 682 ($8.65) per share, for a total transaction of £122.76 ($155.63).

PayPoint Stock Up 3.2 %

PAY stock opened at GBX 845 ($10.71) on Thursday. The stock has a market capitalization of £609.50 million, a P/E ratio of 1,704.90, a P/E/G ratio of 31.13 and a beta of 0.93. The company has a debt-to-equity ratio of 81.52, a current ratio of 0.99 and a quick ratio of 0.65. PayPoint plc has a 1-year low of GBX 445 ($5.64) and a 1-year high of GBX 865 ($10.97). The business has a fifty day moving average price of GBX 740.48 and a 200-day moving average price of GBX 669.59.

PayPoint Increases Dividend

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

PayPoint Company Profile

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.