PCI Pal Expands Equity with New Share Issuance

The latest update is out from PCI PAL ( (GB:PCIP) ).

PCI Pal, a global cloud provider of secure payment solutions, has announced the issuance of 10,000 new ordinary shares following an employee’s exercise of options. These shares will be admitted to trading on AIM, increasing the company’s total voting rights to 72,452,589. This move is part of PCI Pal’s ongoing efforts to enhance its market presence and operational capabilities, potentially impacting shareholder interests and compliance with FCA regulations.

Spark’s Take on GB:PCIP Stock

According to Spark, TipRanks’ AI Analyst, GB:PCIP is a Neutral.

PCI PAL’s overall stock score reflects solid short-term price momentum and revenue growth. However, the financial instability due to negative equity and ongoing net losses, coupled with a challenging valuation, weigh down the score. Continued focus on improving profitability and strengthening the balance sheet are critical for future performance.

To see Spark’s full report on GB:PCIP stock, click here.

More about PCI PAL

PCI Pal is a leading provider of Software-as-a-Service (SaaS) solutions that enable companies to securely process payments and protect data across various business communication channels such as voice, chat, social, email, and contact centers. Their products are integrated with major business communications vendors and payment service providers, and are hosted on a global cloud platform via Amazon Web Services (AWS) with regional instances in EMEA, North America, and ANZ.

Average Trading Volume: 53,584

Technical Sentiment Signal: Hold

Current Market Cap: £37.67M

For an in-depth examination of PCIP stock, go to TipRanks’ Overview page.