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The latest announcement is out from Paypoint ( (GB:PAY) ).
PayPoint Plc announced that Simon Coles, a person discharging managerial responsibilities, purchased 2,000 ordinary shares of the company at a price of 484 pence per share. This transaction may indicate confidence in the company’s future performance and could impact stakeholder perceptions positively.
The most recent analyst rating on (GB:PAY) stock is a Hold with a £529.00 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 mixed outlook. The most significant factor is the financial performance, which shows stable revenue but declining profitability and increased leverage. Technical analysis indicates bearish momentum, which is a concern. However, the valuation is attractive due to a high dividend yield. The earnings call provided some positive insights into future growth, balancing some of the financial and technical challenges.
To see Spark’s full report on GB:PAY stock, click here.
More about Paypoint
PayPoint Plc operates in the financial services industry, providing payment solutions and services. The company focuses on facilitating transactions and offering a range of payment services for consumers and businesses.
Average Trading Volume: 193,969
Technical Sentiment Signal: Sell
Current Market Cap: £317.2M
For detailed information about PAY stock, go to TipRanks’ Stock Analysis page.