Versapay (VPY) PT Lowered to C$3.25
Shares of Versapay stock opened at C$2.09 on Thursday. Versapay has a 1-year low of C$1.77 and a 1-year high of C$2.74.
Versapay (CVE:VPY) last announced its earnings results on Tuesday, May 29th. The company reported C($0.07) earnings per share for the quarter, missing the consensus estimate of C($0.05) by C($0.02). The business had revenue of C$1.01 million for the quarter. Versapay had a negative net margin of 278.58% and a negative return on equity of 129.49%.
VersaPay Corporation, a financial technology company, provides cloud-based invoicing, accounts receivable (A/R) management, and payment solutions for businesses in Canada and the United States. The company offers ARC, a business-to-business solution that delivers capabilities in areas, such as invoice presentment, collaboration and collection, electronic payment, cash application, and A/R insight; PayPort, a cloud-based credit card and electronic funds transfer service; and Gateway that allows third party technology partners to connect to PayPort through a secure application program interface and offer the service as part of their own service offering.
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