Separately, ValuEngine upgraded shares of Payment Data Systems from a sell rating to a hold rating in a report on Sunday, December 31st.
Shares of Payment Data Systems (NASDAQ:PYDS) traded down $0.03 on Tuesday, reaching $2.15. 85,525 shares of the company traded hands, compared to its average volume of 412,185. The stock has a market cap of $28.59, a price-to-earnings ratio of -9.77 and a beta of 1.09. Payment Data Systems has a 12-month low of $1.17 and a 12-month high of $4.10.
In other Payment Data Systems news, insider Louis A. Hoch sold 25,141 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $2.25, for a total transaction of $56,567.25. Following the sale, the insider now directly owns 2,498,613 shares in the company, valued at $5,621,879.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Louis A. Hoch sold 24,859 shares of the business’s stock in a transaction dated Monday, November 20th. The stock was sold at an average price of $2.49, for a total transaction of $61,898.91. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 85,218 shares of company stock worth $214,872. 48.50% of the stock is owned by insiders.
COPYRIGHT VIOLATION WARNING: “TheStreet Lowers Payment Data Systems (PYDS) to D” was reported by Ticker Report and is the sole property of of Ticker Report. If you are viewing this news story on another website, it was illegally copied and republished in violation of US & international copyright legislation. The correct version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3146530/thestreet-lowers-payment-data-systems-pyds-to-d.html.
Payment Data Systems Company Profile
Payment Data Systems, Inc is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers.
Receive News & Ratings for Payment Data Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Payment Data Systems and related companies with MarketBeat.com's FREE daily email newsletter.