Payment Data Systems (NASDAQ:PYDS) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued on Sunday.

Separately, TheStreet upgraded shares of Payment Data Systems from a “d” rating to a “c-” rating in a research note on Monday, November 27th.

Shares of Payment Data Systems (NASDAQ PYDS) traded down $0.01 during trading on Friday, reaching $2.53. 177,300 shares of the company’s stock were exchanged, compared to its average volume of 304,797. Payment Data Systems has a twelve month low of $1.17 and a twelve month high of $4.10. The firm has a market cap of $34.45, a price-to-earnings ratio of -11.50 and a beta of 1.09.

In other news, insider Louis A. Hoch sold 28,718 shares of the stock in a transaction 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 sale, the insider now owns 2,451,254 shares in the company, valued at $6,986,073.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Louis A. Hoch sold 24,859 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $2.49, for a total transaction of $61,898.91. The disclosure for this sale can be found here. Insiders have sold a total of 85,218 shares of company stock worth $214,872 in the last 90 days. 48.50% of the stock is currently owned by company insiders.

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Payment Data Systems Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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