PCI-PAL (LON:PCIP) Reaches New 12-Month High – Still a Buy?

Shares of PCI-PAL PLC (LON:PCIP) hit a new 52-week high on Tuesday . The stock traded as high as GBX 64 and last traded at GBX 63.27, with a volume of 106409 shares. The stock had previously closed at GBX 60.50.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 115 price objective on shares of PCI-PAL in a report on Tuesday, July 28th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of GBX 115.

PCI-PAL Price Performance

The firm has a market cap of £44.05 million, a P/E ratio of -89.41 and a beta of 0.63. The firm’s 50 day moving average is GBX 47.73 and its 200 day moving average is GBX 50.80.

Insider Activity at PCI-PAL

In related news, insider James Barham purchased 26,466 shares of the company’s stock in a transaction dated Friday, July 31st. The shares were purchased at an average cost of GBX 57 per share, with a total value of £15,085.62. Also, insider Carolyn Rand purchased 8,608 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average price of GBX 5,810 per share, for a total transaction of £500,124.80. 9.43% of the stock is currently owned by company insiders.

About PCI-PAL

PCI-PAL provides organisations that engage with customers by phone with globally accessible cloud solutions, ensuring their conversations are PCI compliant and personal data is protected. Safeguarding reputations and trust.

Our vision is be the preferred solution provider that technology vendors globally turn to for achieving PCI compliance for payments by phone. By dedicating ourselves to the focused pursuit of easy to integrate and simple to deploy technology, we will provide the most compelling value proposition for our partners to solve their customers challenges in achieving compliance and safeguarding reputations.

It is our people, beyond our technology, who underpin our business and support our partners.