Mi-Pay Group (LON:MPAY) Stock Price Up 11.6%

Mi-Pay Group PLC (LON:MPAYGet Rating) rose 11.6% during mid-day trading on Friday . The company traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.20 ($0.01). Approximately 405,457 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 703,335 shares. The stock had previously closed at GBX 1.08 ($0.01).

Mi-Pay Group Stock Up 11.6 %

The company has a debt-to-equity ratio of 124.03, a quick ratio of 0.99 and a current ratio of 1.01. The business’s 50 day simple moving average is GBX 1.20 and its 200-day simple moving average is GBX 1.20. The company has a market cap of £548,811.60 and a price-to-earnings ratio of -3.00.

About Mi-Pay Group

(Get Rating)

Mi-Pay Group plc engages in assessing, managing, and mitigating fraud risks in the cardholder-not-present payment solutions market in the United Kingdom, Ireland, rest of Europe, and internationally. It provides an outsourced secure payment services platform for instant top up and digital content services primarily in the mobile sector.

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