Usio (NASDAQ:USIO) Upgraded at Wall Street Zen

by · The Cerbat Gem

Wall Street Zen upgraded shares of Usio (NASDAQ:USIO – Free Report) to a hold rating in a research note published on Saturday morning.

USIO has been the topic of several other research reports. Zacks Research raised shares of Usio from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. LADENBURG THALM/SH SH boosted their target price on shares of Usio from $5.75 to $6.25 and gave the company a “buy” rating in a research note on Friday, May 15th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Usio in a research report on Wednesday, June 24th. Two analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.12.

Get Our Latest Stock Report on USIO

Usio Price Performance

Shares of NASDAQ:USIO opened at $1.93 on Friday. Usio has a 1 year low of $1.03 and a 1 year high of $2.62. The company has a market capitalization of $53.26 million, a PE ratio of -24.12 and a beta of 1.30. The business has a fifty day moving average price of $1.92 and a two-hundred day moving average price of $1.51. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.09 and a quick ratio of 1.09.

Usio (NASDAQ:USIO – Get Free Report) last released its earnings results on Wednesday, May 13th. The company reported $0.00 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.01. The company had revenue of $25.47 million for the quarter, compared to analysts’ expectations of $23.20 million. Usio had a negative return on equity of 11.73% and a negative net margin of 2.43%. Analysts forecast that Usio will post -0.01 earnings per share for the current year.

Institutional Investors Weigh In On Usio

Large investors have recently added to or reduced their stakes in the company. Whittier Trust Co. bought a new stake in Usio in the 1st quarter valued at about $3,202,000. Rothschild Wealth LLC bought a new position in Usio during the fourth quarter worth about $563,000. North Star Investment Management Corp. bought a new position in Usio during the first quarter worth about $205,000. Scoggin Management LP purchased a new position in shares of Usio in the third quarter worth about $114,000. Finally, Citadel Advisors LLC increased its stake in shares of Usio by 103.7% in the third quarter. Citadel Advisors LLC now owns 78,493 shares of the company’s stock worth $111,000 after purchasing an additional 39,959 shares in the last quarter. Hedge funds and other institutional investors own 20.23% of the company’s stock.

Usio Company Profile

(Get Free Report)

Usio, Inc (NASDAQ: USIO) is a financial technology company that delivers integrated payment, transaction processing, and money services solutions. The company’s platform combines merchant acquiring, multi‐rail payment enablement and business management tools to support merchants, financial institutions and business partners in automating and securing electronic and cash‐based transactions.

Through its subsidiaries, Usio provides a broad range of products and services, including point-of-sale terminals, payment gateway services, automated teller machine (ATM) processing, bill payment, money order issuance, domestic and international money transfer and remittance solutions.

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