News stories about Payment Data Systems (NASDAQ:PYDS) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Payment Data Systems earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news stories about the business services provider an impact score of 44.4419738013744 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:
PYDS stock traded up $0.06 during mid-day trading on Thursday, hitting $1.95. 200 shares of the company were exchanged, compared to its average volume of 67,052. Payment Data Systems has a 1-year low of $1.25 and a 1-year high of $4.10.
Payment Data Systems (NASDAQ:PYDS) last posted its quarterly earnings data on Tuesday, May 15th. The business services provider reported ($0.06) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.06. Payment Data Systems had a negative net margin of 21.43% and a negative return on equity of 29.43%. The company had revenue of $5.84 million for the quarter.
Several research analysts recently weighed in on the stock. ValuEngine raised shares of Payment Data Systems from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. Maxim Group restated a “buy” rating and set a $4.00 target price on shares of Payment Data Systems in a report on Tuesday, April 24th.
In related news, Director Michael R. Long sold 16,510 shares of the firm’s stock in a transaction on Wednesday, August 1st. The shares were sold at an average price of $1.71, for a total value of $28,232.10. Following the completion of the transaction, the director now directly owns 2,254,573 shares of the company’s stock, valued at $3,855,319.83. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Michael R. Long sold 32,183 shares of the firm’s stock in a transaction on Tuesday, July 17th. The shares were sold at an average price of $1.77, for a total transaction of $56,963.91. Following the completion of the transaction, the director now directly owns 2,346,275 shares of the company’s stock, valued at $4,152,906.75. The disclosure for this sale can be found here. Insiders sold 128,802 shares of company stock valued at $226,732 over the last three months. 46.60% of the stock is owned by company insiders.
Payment Data Systems Company Profile
Payment Data Systems, 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.
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