PayGroup (ASX:PYG) share price fluctuates on latest announcement

The PayGroup Ltd (ASX: PYG) share price edged higher today before ending the day down. Today’s price oscillation comes after the company announced a new acquisition and updated earnings guidance. Today’s announcement ended the trading halt the company had been in since yesterday.

At close of trade today, the PayGroup share price was at 62.5 cents – 0.79% lower. For comparison the S&P/ASX All Ordinaries Index (ASX: XAO) finished the day up 0.68%.

What did PayGroup announce to the ASX today?

In a statement to the ASX, the business software gave several announcements regarding its business. These were:

• An upgraded earnings guidance for…