Zacks Investment Research lowered shares of Usio (NASDAQ:USIO) from a hold rating to a sell rating in a research report released on Saturday, Zacks.com reports.

According to Zacks, “Usio Inc. provides integrated payment solutions to merchants, billers, banks, service bureaus and card issuers. The Company operates credit, debit/prepaid, and ACH payment processing platforms. Usio Inc., formerly known as Payment Data Systems Inc., is headquartered in San Antonio, Texas. “

Other equities analysts also recently issued reports about the stock. Barrington Research reaffirmed a buy rating and set a $5.00 price objective on shares of Usio in a report on Thursday, May 28th. LADENBURG THALM/SH SH restated a buy rating and issued a $4.50 price target on shares of Usio in a research report on Friday, May 22nd. Finally, Maxim Group reaffirmed a buy rating and set a $4.00 price objective on shares of Usio in a report on Tuesday, May 19th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. Usio has a consensus rating of Buy and an average target price of $3.81.

NASDAQ:USIO opened at $2.01 on Friday. The company has a 50-day moving average of $2.00 and a 200-day moving average of $1.67. The company has a market capitalization of $37.73 million, a price-to-earnings ratio of -5.43 and a beta of 1.51. Usio has a 52 week low of $0.75 and a 52 week high of $3.45. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.03 and a current ratio of 1.03.

Usio (NASDAQ:USIO) last released its quarterly earnings data on Thursday, May 14th. The company reported ($0.06) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.04. The company had revenue of $7.77 million during the quarter, compared to the consensus estimate of $7.54 million. Usio had a negative net margin of 16.60% and a negative return on equity of 59.08%. Sell-side analysts forecast that Usio will post -0.34 EPS for the current year.

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 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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