Headlines about Planet Payment (NASDAQ:PLPM) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Planet Payment earned a news impact score of 0.15 on Accern’s scale. Accern also gave media headlines about the credit services provider an impact score of 47.6617843254653 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Separately, Zacks Investment Research upgraded Planet Payment from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th.

Shares of Planet Payment (NASDAQ PLPM) opened at 3.65 on Friday. Planet Payment has a one year low of $2.75 and a one year high of $4.64. The stock has a market capitalization of $179.72 million, a P/E ratio of 8.04 and a beta of 0.66. The company’s 50 day moving average price is $3.46 and its 200 day moving average price is $3.76.

Planet Payment (NASDAQ:PLPM) last issued its earnings results on Wednesday, August 9th. The credit services provider reported $0.04 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.01. Planet Payment had a net margin of 48.14% and a return on equity of 25.86%. The business had revenue of $12.50 million during the quarter, compared to the consensus estimate of $13.56 million. The firm’s revenue for the quarter was down 4.6% compared to the same quarter last year. On average, equities analysts expect that Planet Payment will post $0.17 earnings per share for the current year.

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Planet Payment Company Profile

Planet Payment, Inc is a provider of international payment and transaction processing and multi-currency processing services. The Company operates through two segments: multi-currency processing services and payment processing services. Its multi-currency processing services segment includes Pay In Your Currency, Multi-Currency Pricing and Dynamic Currency Conversion at automated teller machines, enable merchants to offer customized pricing in multiple currencies.

Insider Buying and Selling by Quarter for Planet Payment (NASDAQ:PLPM)

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