Favorable Media Coverage Somewhat Unlikely to Impact Payment Data Systems (PYDS) Stock Price

Media stories about Payment Data Systems (NASDAQ:PYDS) have trended positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Payment Data Systems earned a daily sentiment score of 0.25 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 45.8897825808178 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

Shares of Payment Data Systems (NASDAQ PYDS) traded up $0.01 during trading hours on Thursday, hitting $1.64. The company had a trading volume of 174,522 shares, compared to its average volume of 317,430. The company has a market cap of $21.78, a P/E ratio of -7.45 and a beta of 0.53. Payment Data Systems has a 52 week low of $1.17 and a 52 week high of $4.10.

Payment Data Systems (NASDAQ:PYDS) last announced its quarterly earnings data on Tuesday, November 14th. The business services provider reported ($0.10) earnings per share (EPS) for the quarter. The company had revenue of $3.59 million for the quarter. Payment Data Systems had a negative net margin of 16.50% and a negative return on equity of 20.68%.

Several equities research analysts have recently commented on PYDS shares. ValuEngine raised shares of Payment Data Systems from a “sell” rating to a “hold” rating in a research report on Sunday, December 31st. TheStreet raised shares of Payment Data Systems from a “d” rating to a “c-” rating in a research report on Monday, November 27th.

In related news, insider Louis A. Hoch sold 25,141 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $2.25, for a total transaction of $56,567.25. Following the completion of the transaction, the insider now directly owns 2,498,613 shares in the company, valued at approximately $5,621,879.25. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Louis A. Hoch sold 28,718 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $2.85, for a total value of $81,846.30. Following the transaction, the insider now owns 2,451,254 shares of the company’s stock, valued at $6,986,073.90. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 85,218 shares of company stock valued at $214,872. 48.50% of the stock is currently owned by corporate insiders.

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About Payment Data Systems

Payment Data Systems, Inc is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers.

Insider Buying and Selling by Quarter for Payment Data Systems (NASDAQ:PYDS)

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