Usio Inc (NASDAQ:USIO) Shares Bought by XTX Topco Ltd

XTX Topco Ltd grew its position in Usio Inc (NASDAQ:USIO) by 105.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 26,890 shares of the company’s stock after purchasing an additional 13,826 shares during the period. XTX Topco Ltd owned approximately 0.10% of Usio worth $39,000 at the end of the most recent quarter.

Separately, Ritholtz Wealth Management acquired a new position in shares of Usio in the first quarter valued at about $33,000. 20.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Barrington Research lowered Usio from a “hold” rating to a “strong sell” rating in a report on Friday, June 6th. Wall Street Zen lowered Usio from a “buy” rating to a “hold” rating in a report on Thursday, May 22nd.

Usio Stock Down 3.2%

Usio stock opened at $1.52 on Friday. The firm has a market cap of $40.28 million, a price-to-earnings ratio of 15.20 and a beta of 1.43. Usio Inc has a 52 week low of $1.24 and a 52 week high of $2.92. The business’s 50-day moving average price is $1.60 and its 200 day moving average price is $1.56. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.03.

Usio (NASDAQ:USIO) last issued its quarterly earnings results on Wednesday, August 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.01). The company had revenue of $19.96 million for the quarter, compared to the consensus estimate of $22.41 million. Usio had a negative return on equity of 1.63% and a net margin of 3.43%. As a group, sell-side analysts anticipate that Usio Inc will post -0.03 earnings per share for the current year.

Usio Company Profile

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 and Check Conversion for electronic payment facilitation.