W.A.G payment solutions (LON:WPS) Trading 0.3% Higher – Here’s Why

W.A.G payment solutions plc (LON:WPS) shares shot up 0.3% on Monday . The company traded as high as GBX 59.60 ($0.77) and last traded at GBX 59.20 ($0.76). 321,270 shares were traded during trading, an increase of 24% from the average session volume of 260,059 shares. The stock had previously closed at GBX 59 ($0.76).

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank reaffirmed a “buy” rating and set a GBX 120 ($1.54) price objective on shares of W.A.G payment solutions in a report on Tuesday.

W.A.G payment solutions Trading Up 1.0 %

The business has a 50-day moving average price of GBX 67.32 and a two-hundred day moving average price of GBX 76.39. The company has a market cap of £503.32 million, a P/E ratio of -12.30 and a beta of 0.13. The company has a quick ratio of 1.28, a current ratio of 0.97 and a debt-to-equity ratio of 161.47.

W.A.G payment solutions (LON:WPS) last issued its earnings results on Tuesday, March 25th. The company reported GBX 4.65 ($0.06) earnings per share (EPS) for the quarter. W.A.G payment solutions had a negative net margin of 1.98% and a negative return on equity of 15.92%. On average, analysts predict that W.A.G payment solutions plc will post 7.1466198 EPS for the current year.

W.A.G payment solutions Dividend Announcement

The firm also recently announced a dividend, which will be paid on Thursday, July 3rd. Shareholders of record on Thursday, June 26th will be given a dividend of GBX 3 ($0.04) per share. This represents a dividend yield of 5%. The ex-dividend date is Thursday, June 26th.

About W.A.G payment solutions

Eurowag was founded in 1995 and is a leading technology company and an important partner to Europe’s commercial road transport industry, with a purpose to make it clean, fair and efficient.
Eurowag enables trucking companies to successfully transition to a low carbon, digital future by harnessing all mission critical data, insights and payment and financing transactions into a single ecosystem and connects their operations seamless before a journey, on the road and postdelivery.

Please visit our website https://investors.eurowag.com for more information.