Usio Inc (NASDAQ:USIO) does about 102.24K shares in volume on a normal day but saw 6613005 shares change hands in the recent trading day. The company now has a market cap of 67.01M USD. Its current market price is $2.47, marking an increase of 37.22% compared to the previous close of $1.80. The 52 week high reached by this stock is $2.00 whilst the lowest price level in 52 weeks is $1.24. The script in recent trading has seen the stock touch a high of $7 and a low of $4.
Usio Inc (USIO) has a 20-day trading average at $1.4900 and the current price is 23.50% off the 52-week high compared with 99.19% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.4600 and its 200-day simple moving average is $1.5000. If we look at the stock’s price movements over the week, volatility stands at 20.22%, which decreases to 10.27% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 88.88 to suggest the stock is overbought.
2 analysts observing the Usio Inc (USIO) stock have set the 12-month price targets for the company’s shares at between $4 and $7. The consensus objective for the share price is $6.25, suggesting that the stock has a potential upside of 60.48% over the period. The median price target is 55.09% away from the current levels at $5.5.
FactSet Research has provided data showing that 2 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 2 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is 66.30%, 69.24%, and 64.93% away from its SMA20, SMA50, and SMA200 respectively, with the USIO price moving below the 50-day SMA on current market day. Usio Inc (USIO) stock is up 69.18% over the week and 76.43% over the past month. Its price is 69.18% year-to-date and 42.77% over the past year.
Its 12-month price target is $5.5. To reach the target analysts have set, the stock logically needs to grow 60.48 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $4, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $7.
The company has a return on investment of 12.25% and return on equity of 15.98%. The price to earnings ratio (P/E ratio) amounts to 25.03 while the forward price to earnings ratio is 26.70. The beta has a value of 1.76. Price to book ratio is 3.55 and price to sales ratio is 0.83.
