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An announcement from Paypoint ( (GB:PAY) ) is now available.
PayPoint plc, a company involved in financial transactions, announced the repurchase of 12,072 of its ordinary shares through Investec Bank plc. The shares, purchased at prices ranging from 714 to 719 pence, will be canceled, impacting the company’s share capital which now consists of 69,561,974 ordinary shares. This move is part of a buyback program and affects shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:PAY) stock is a Hold with a £781.00 price target. To see the full list of analyst forecasts on Paypoint stock, see the GB:PAY Stock Forecast page.
Spark’s Take on GB:PAY Stock
According to Spark, TipRanks’ AI Analyst, GB:PAY is a Neutral.
Paypoint’s overall stock score reflects a combination of financial challenges and technical weakness. The most significant factor is the mixed financial performance, with stable revenue but declining profitability and increased leverage. Technical indicators suggest a bearish trend, which further impacts the score. Valuation offers some positive aspects due to a decent dividend yield, but the high P/E ratio limits its attractiveness.
To see Spark’s full report on GB:PAY stock, click here.
More about Paypoint
Average Trading Volume: 169,354
Technical Sentiment Signal: Buy
Current Market Cap: £495.9M
See more data about PAY stock on TipRanks’ Stock Analysis page.