ValuEngine Downgrades Universal Business Payment Solutions Acquisition (NASDAQ:JTPY) to Sell

Universal Business Payment Solutions Acquisition (NASDAQ:JTPY) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a research note issued to investors on Friday, December 29th.

Separately, Zacks Investment Research raised Universal Business Payment Solutions Acquisition from a “sell” rating to a “hold” rating in a research report on Wednesday, October 18th.

Shares of Universal Business Payment Solutions Acquisition (NASDAQ JTPY) traded down $0.25 during trading on Friday, hitting $2.55. The stock had a trading volume of 127,388 shares, compared to its average volume of 491,027. The firm has a market capitalization of $43.89, a PE ratio of -3.45 and a beta of 0.14. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 5.69. Universal Business Payment Solutions Acquisition has a 1-year low of $1.45 and a 1-year high of $4.89.

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About Universal Business Payment Solutions Acquisition

JetPay Corporation provides debit and credit card processing, payroll, human capital management (HCM) and card services to businesses and their employees in the United States. The company operates through two segments, JetPay Payment Processing and JetPay HR and Payroll. It offers debit and credit processing and automated clearing house payment services to small and medium-sized businesses, as well as to large entities, which processes Internet transactions and recurring billings; and HCM services, including payroll, tax filing, time and attendance, HR, and other related services to small and medium-sized employers.

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

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