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Payment Data Systems (NASDAQ:PYDS) COO Louis A. Hoch sold 69,800 shares of Payment Data Systems stock on the open market in a transaction dated Monday, June 30th. The stock was sold at an average price of $0.10, for a total value of $6,980.00. Following the completion of the sale, the chief operating officer now directly owns 32,327,267 shares in the company, valued at approximately $3,232,727. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Payment Data Systems (NASDAQ:PYDS) opened at 0.105 on Wednesday. Payment Data Systems has a 52 week low of $0.03 and a 52 week high of $0.13. The stock’s 50-day moving average is $0.09 and its 200-day moving average is $0.09. The company’s market cap is $14.4 million.

Payment Data Systems, Inc primarily operates as a processor of electronic payments for other companies.

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