JetPay Corporation (JTPY) Stock Rating Upgraded by Zacks Investment Research

Zacks Investment Research upgraded shares of JetPay Corporation (NASDAQ:JTPY) from a sell rating to a hold rating in a report issued on Wednesday.

According to Zacks, “JetPay Corporation engages in providing a one vendor solution for payment services, debit and credit card processing, ACH services and payroll and tax processing needs of businesses throughout the US. It offers processing services to banks, sales organizations, and merchants. The Company specializes in technology solutions for the e-commerce and card-not-present marketplace. JetPay Corporation, formerly known as Universal Business Payment Solutions Acquisition Corporation, is based in United States. “

Separately, ValuEngine upgraded JetPay Corporation from a strong sell rating to a sell rating in a research report on Thursday, June 22nd.

JetPay Corporation (JTPY) opened at 1.85 on Wednesday. The firm’s market cap is $29.00 million. The stock’s 50 day moving average price is $1.85 and its 200 day moving average price is $1.99. JetPay Corporation has a 52 week low of $1.45 and a 52 week high of $3.00.

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About JetPay Corporation

JetPay Corporation provides debit and credit card processing, payroll, human capital management (HCM) and card services to businesses and their employees in the United States. The company operates through two segments, JetPay Payment Processing and JetPay HR and Payroll. It offers debit and credit processing and automated clearing house payment services to small and medium-sized businesses, as well as to large entities, which processes Internet transactions and recurring billings; and HCM services, including payroll, tax filing, time and attendance, HR, and other related services to small and medium-sized employers.

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