Usio (USIO) to Release Earnings on Wednesday

Usio (NASDAQ:USIO) will announce its earnings results after the market closes on Wednesday, March 27th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Usio Stock Performance

USIO opened at $1.60 on Monday. The firm’s 50-day simple moving average is $1.69 and its 200-day simple moving average is $1.76. Usio has a twelve month low of $1.30 and a twelve month high of $2.36. The firm has a market cap of $42.10 million, a price-to-earnings ratio of -40.00 and a beta of 1.56.

Institutional Investors Weigh In On Usio

Several large investors have recently made changes to their positions in the company. State Street Corp grew its holdings in Usio by 10.4% during the 1st quarter. State Street Corp now owns 58,389 shares of the company’s stock worth $209,000 after acquiring an additional 5,489 shares during the last quarter. BlackRock Inc. grew its holdings in Usio by 11.5% during the 2nd quarter. BlackRock Inc. now owns 114,782 shares of the company’s stock worth $213,000 after acquiring an additional 11,836 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Usio by 12.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 119,535 shares of the company’s stock worth $191,000 after acquiring an additional 13,459 shares during the last quarter. Toroso Investments LLC bought a new stake in Usio during the 1st quarter worth about $50,000. Finally, Charles Schwab Investment Management Inc. acquired a new position in Usio during the 1st quarter valued at about $31,000. Institutional investors own 18.93% of the company’s stock.

About Usio

Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check, a consumer non-sufficient funds check that is presented for payment electronically rather than through the paper check collection system; and Accounts Receivable Check Conversion, a consumer paper check payment that is converted into an e-check.