PayPoint (PAY.L) 06-11-19
Will PayPoint (PAY.L) shares break below the 900p support zone, or will it return to highs of 993p (+9%)?
- Currently trading around the 900p support at 906p (at time of writing).
- The support has proven robust to date. Will the pattern repeat?
- The price has tested this level repeatedly. Traders should be mindful of stop-loss placement.
- Will the share price bounce once again to recent highs of 993p? (+9%).
- Technical traders should be mindful of news and developments. Check our website and the press for updates.
- Shares -19% from 12-month highs; +21% from 12 month lows.
Latest News
22 Aug: Tim Watkin-Rees, Director, bought 13 shares in the firm on the 22nd August 2019 at a price of 921.50p. This Director currently has 562,453 shares.
22 Aug: Jon Marchant, Executive Director, bought 14 shares in the firm on the 22nd August 2019 at a price of 921.50p. This Director currently has 6,606 shares.
22 Aug: Rachel Kentleton, Financial Director, bought 13 shares in the firm on the 22nd August 2019 at a price of 921.50p. This Director currently has 1,684 shares.
25 Jul: JP Morgan Cazenove reiterates its overweight rating on PayPoint (PAY) and reduced the target price to 1151p (from 1214p).
24 Jul: Paypoint, the payments services firm, announced a growth of 3.6% in Q1 revenue, due to new site rollouts. Revenue for the quarter was up to £28.7m.
23 Jul: Jon Marchant, Executive Director, bought 14 shares in the firm on the 22nd July 2019 at a price of 909.62p. This Director currently has 6,592 shares.
23 Jul: Rachel Kentleton, Financial Director, bought 13 shares in the firm on the 22nd July 2019 at a price of 909.62p. This Director currently has 1,671 shares.
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires