Usio (NASDAQ:USIO – Get Rating)‘s stock had its “buy” rating reissued by equities research analysts at Maxim Group in a report released on Friday, TipRanks reports. They currently have a $8.00 price objective on the stock. Maxim Group’s price target would suggest a potential upside of 247.83% from the company’s previous close.
Separately, Zacks Investment Research upgraded Usio from a “hold” rating to a “buy” rating and set a $4.00 price objective for the company in a research report on Friday, March 25th.
Shares of USIO stock traded up $0.31 on Friday, hitting $2.30. 48,336 shares of the company’s stock were exchanged, compared to its average volume of 51,105. Usio has a 12 month low of $1.80 and a 12 month high of $8.62. The stock has a market cap of $58.74 million, a P/E ratio of -38.33 and a beta of 1.72. The company has a 50 day moving average of $3.13 and a 200 day moving average of $4.20.
Usio Company Profile (Get Rating)
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 transaction processing services include Represented Check, a consumer non-sufficient funds check that is presented for payment electronically rather than through the paper check collection system; and Accounts Receivable Check Conversion, a consumer paper check payment that is converted into an e-check.
- Get a free copy of the StockNews.com research report on Usio (USIO)
- The Three Most Upgraded Stocks You Can Buy Now
- MarketBeat: Week in Review 5/9 – 5/13
- Is Electronic Arts (NASDAQ: EA) Suddenly A Safe Haven?
- Beyond Meat Stock Value is Improving
- The Travel Sector Is Getting Upgraded
Receive News & Ratings for Usio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Usio and related companies with MarketBeat.com's FREE daily email newsletter.