Usio (NASDAQ:USIO)‘s stock had its “buy” rating reissued by analysts at LADENBURG THALM/SH SH in a report issued on Friday, AnalystRatings.com reports. They currently have a $4.50 price objective on the stock. LADENBURG THALM/SH SH’s price target would indicate a potential upside of 157.14% from the company’s previous close.
USIO has been the subject of several other reports. Maxim Group reaffirmed a “buy” rating and issued a $4.00 price objective on shares of Usio in a research report on Tuesday, May 19th. Zacks Investment Research cut shares of Usio from a “buy” rating to a “hold” rating in a report on Thursday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $3.81.
Shares of USIO opened at $1.75 on Friday. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.33. The firm has a market cap of $33.91 million, a PE ratio of -4.73 and a beta of 1.31. Usio has a 12 month low of $0.75 and a 12 month high of $3.57. The stock has a fifty day moving average price of $1.46 and a 200-day moving average price of $1.65.
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 processing services include Represented Check, a consumer non-sufficient funds check that is represented for payment electronically rather than through the paper check collection system; and Accounts Receivable Check Conversion, a consumer paper check payment, which is converted into an e-check.
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