Is Paypoint plc’s Fuel Running Low? The Stock Just Declined Again

 Is Paypoint plc's Fuel Running Low? The Stock Just Declined Again

The stock of Paypoint plc (LON:PAY) is a huge mover today! The stock closed at GBX 1040 during the last session. It is down 19.40% since April 27, 2016 and is uptrending. It has outperformed by 13.99% the S&P500.
The move comes after 8 months negative chart setup for the GBX 708.49 million company. It was reported on Nov, 24 by We have GBX 967.20 PT which if reached, will make LON:PAY worth GBX 49.59M less.

Paypoint plc (LON:PAY) Ratings Coverage

Out of 7 analysts covering PayPoint PLC (LON:PAY), 3 rate it a “Buy”, 0 “Sell”, while 4 “Hold”. This means 43% are positive. PayPoint PLC has been the topic of 43 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The stock of Paypoint plc (LON:PAY) earned “Buy” rating by Canaccord Genuity on Wednesday, October 28. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, July 28 report. The stock has “Equal Weight” rating given by Barclays Capital on Monday, October 12. On Friday, November 27 the stock rating was upgraded by Liberum Capital to “Buy”. On Friday, January 22 the stock rating was maintained by Jefferies with “Buy”. The firm has “Neutral” rating given on Friday, January 29 by JP Morgan. The company was maintained on Thursday, July 23 by Barclays Capital. Barclays Capital downgraded Paypoint plc (LON:PAY) rating on Friday, January 8. Barclays Capital has “Underweight” rating and GBX 850 price target. Numis Securities maintained the stock with “Hold” rating in Thursday, November 26 report. The stock has “Buy” rating given by Jefferies on Thursday, September 29.

More notable recent Paypoint plc (LON:PAY) news were published by: which released: “PayPoint plc : Dividend Declaration” on November 24, 2016, also with their article: “UK’s PayPoint first-half profit rises 16 pct” published on November 24, 2016, Fool.Co.Uk published: “Are 5% Dividend Yields Safe At Paypoint plc, Weir Group PLC And Vodafone Group …” on January 28, 2016. More interesting news about Paypoint plc (LON:PAY) were released by: Fool.Co.Uk and their article: “Why Monitise Plc, Paypoint plc And Optimal Payments Plc Can Only Grow From Here” published on May 07, 2015 as well as Fool.Co.Uk‘s news article titled: “5 FTSE 250 Fireworks! Bellway plc, Cineworld Group plc, Paypoint plc, DS Smith …” with publication date: February 25, 2016.

PayPoint plc is a United Kingdom-based holding company. The company has a market cap of 708.49 million GBP. The Company’s subsidiaries provide specialist consumer payment, and other services and products, transaction processing and settlement. It currently has negative earnings. It offers clients streamlined consumer payment processing and transaction routing in an integrated solution, through MultiPay.

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