JetPay (JTPY) Earning Somewhat Positive News Coverage, Report Finds

News coverage about JetPay (NASDAQ:JTPY) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. JetPay earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave news headlines about the credit services provider an impact score of 46.4447754698866 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

Shares of JetPay (NASDAQ JTPY) traded up $0.15 during mid-day trading on Tuesday, reaching $2.00. 2,500 shares of the company traded hands, compared to its average volume of 10,117. JetPay has a 12-month low of $1.45 and a 12-month high of $2.85. The company has a debt-to-equity ratio of 5.69, a current ratio of 1.01 and a quick ratio of 1.01.

Separately, Zacks Investment Research downgraded JetPay from a “hold” rating to a “sell” rating in a research note on Saturday, November 18th.

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About JetPay

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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