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.

COPYRIGHT VIOLATION NOTICE: “Payment Data Systems (PYDS) Upgraded to “Hold” at ValuEngine” was originally reported by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was illegally copied and republished in violation of international copyright & trademark laws. The original version of this piece can be accessed at https://www.americanbankingnews.com/2018/01/01/payment-data-systems-pyds-upgraded-to-hold-at-valuengine.html.

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.

Receive News & Ratings for Payment Data Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Payment Data Systems and related companies with MarketBeat.com's FREE daily email newsletter.