Versapay (VPY) Set to Announce Quarterly Earnings on Tuesday

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Versapay (CVE:VPY) will announce its earnings results after the market closes on Tuesday, April 2nd. Analysts expect the company to announce earnings of C($0.07) per share for the quarter.

Shares of CVE:VPY opened at C$1.45 on Tuesday. Versapay has a 12 month low of C$0.91 and a 12 month high of C$2.74. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.41 and a current ratio of 1.23. The stock has a market cap of $62.70 million and a price-to-earnings ratio of -4.50.

A number of equities research analysts have commented on VPY shares. Raymond James set a C$3.30 price objective on shares of Versapay and gave the stock an “outperform” rating in a report on Monday, November 26th. Eight Capital set a C$2.00 price objective on shares of Versapay and gave the stock a “buy” rating in a report on Monday, December 3rd.

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About Versapay

VersaPay Corporation, a financial technology company, provides cloud-based invoicing, accounts receivable (A/R) management, and payment solutions for businesses in Canada and the United States. The company offers ARC, a business-to-business solution that delivers capabilities in areas, such as invoice presentment, collaboration and collection, electronic payment, cash application, and A/R insight; PayPort, a cloud-based credit card and electronic funds transfer service; and Gateway that allows third party technology partners to connect to PayPort through a secure application program interface and offer the service as part of their own service offering.

Further Reading: Trading Options- What is a Strangle?

Earnings History for Versapay (CVE:VPY)

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