PayGroup logo

PYG - PayGroup News Story

A$0.515 0.0  0.0%

Last Trade - 07/05/21

Micro Cap
Market Cap £22.1m
Enterprise Value £20.2m
Revenue £7.57m
Position in Universe 1233rd / 1907

BUZZ-Australia's PayGroup jumps most in over 6 weeks on strong FY21 outlook

Mon 15th March, 2021 1:03am
** Shares of PayGroup Ltd  PYG.AX  rise as much as 10.7% to
A$0.675, their biggest intraday pct gain since Jan. 29
    ** Co says it expects annualised recurring revenue in FY21
to be at least A$20.5 mln ($15.93 mln), up about 15% on the
previous year*:nASX53drNy
    ** Adds it also expects over A$10 mln in new contracts for
FY21, almost double of the previous corresponding period
    ** Stock hits highest since Feb. 15
    ** About 276,000 shares change hands, compared with the
30-day average of about 73,000 shares
    ** Stock has risen 2.5% this year, as of last close

($1 = 1.2872 Australian dollars)

 (Reporting by Soumyajit Saha in Bengaluru)
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.