PCI-PAL (LON:PCIP) Hits New 52-Week High – Still a Buy?

Shares of PCI-PAL PLC (LON:PCIP – Get Free Report) hit a new 52-week high on Monday. The stock traded as high as GBX 80 and last traded at GBX 77.90, with a volume of 387,728 shares trading hands. The stock had previously closed at GBX 76.

Analysts Set New Price Targets

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

Read Our Latest Research Report on PCI-PAL

PCI-PAL Trading Up 1.8%

The stock has a market capitalization of £55.75 million, a PE ratio of -113.06 and a beta of 0.64. The company’s 50 day simple moving average is GBX 69.17 and its 200 day simple moving average is GBX 55.79.

Insider Buying and Selling at PCI-PAL

In other PCI-PAL news, insider Carolyn Rand acquired 8,608 shares of the stock in a transaction dated Tuesday, August 4th. The stock was acquired at an average price of GBX 5,810 per share, with a total value of £500,124.80. Also, insider James Barham acquired 26,466 shares of the stock in a transaction dated Friday, July 31st. The stock was acquired at an average cost of GBX 57 per share, with a total value of £15,085.62. 9.44% of the stock is owned by company insiders.

About PCI-PAL

(Get Free Report)

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.

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