Usio, Inc. (NASDAQ:USIO – Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 14,600 shares, a decline of 36.8% from the September 30th total of 23,100 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 28,100 shares, the days-to-cover ratio is presently 0.5 days.
Analyst Ratings Changes
Separately, HC Wainwright reissued a “buy” rating and issued a $4.00 price objective on shares of Usio in a report on Friday, August 16th.
Check Out Our Latest Report on Usio
Hedge Funds Weigh In On Usio
Usio Stock Performance
Shares of USIO stock opened at $1.39 on Friday. Usio has a 12-month low of $1.30 and a 12-month high of $2.09. The firm has a market capitalization of $36.74 million, a price-to-earnings ratio of -34.75 and a beta of 1.71. The business has a 50 day simple moving average of $1.44 and a 200 day simple moving average of $1.50. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.10 and a quick ratio of 1.10.
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.
See Also
- Five stocks we like better than Usio
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Texas Roadhouse Stock Steering for New Highs This Year
- Are Penny Stocks a Good Fit for Your Portfolio?
- Monopar Therapeutics Skyrockets 400% on Licensing Deal
- How to Invest in the Best Canadian StocksĀ
- Tractor Supply Stock Pulls Back: A Prime Buying Opportunity
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.