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

Mi-Pay Group PLC (LON:MPAYGet Free Report) shot up 11.6% 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 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 simple moving average of GBX 1.20 and a two-hundred day simple moving average of GBX 1.20. The company has a quick ratio of 0.99, a current ratio of 1.01 and a debt-to-equity ratio of 124.03. The company has a market capitalization of £549,000.00 and a P/E ratio of -3.00.

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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