Mi-Pay Group (LON:MPAY) Shares Up 11.6% – Here’s What Happened

Mi-Pay Group PLC (LON:MPAYGet Free Report)’s share price shot up 11.6% during trading on Friday . The stock traded as high as GBX 1.40 ($0.02) and last traded at GBX 1.20 ($0.02). 405,457 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 703,335 shares. The stock had previously closed at GBX 1.08 ($0.01).

Mi-Pay Group Price Performance

The company has a 50-day moving average price of GBX 1.20 and a 200 day moving average price of GBX 1.20. The firm has a market capitalization of £549,000.00 and a PE ratio of -3.00. The company has a debt-to-equity ratio of 124.03, a current ratio of 1.01 and a quick ratio of 0.99.

Mi-Pay Group Company Profile

(Get Free Report)

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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