Usio (NASDAQ:USIO – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.01, Zacks reports. Usio had a net margin of 3.33% and a negative return on equity of 2.98%.
Usio Stock Down 3.6 %
Usio stock traded down $0.06 during mid-day trading on Wednesday, hitting $1.59. The company’s stock had a trading volume of 268,162 shares, compared to its average volume of 122,816. The firm’s 50 day moving average is $1.80 and its 200 day moving average is $1.60. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market cap of $43.14 million, a PE ratio of 17.67 and a beta of 1.82. Usio has a 52-week low of $1.24 and a 52-week high of $2.92.
Wall Street Analyst Weigh In
Separately, HC Wainwright restated a “buy” rating and issued a $4.00 target price on shares of Usio in a report on Wednesday, January 29th.
About Usio
Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.
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