Louis A. Hoch Sells 5,954 Shares of Payment Data Systems Inc. (PYDS) Stock
Payment Data Systems Inc. (NASDAQ:PYDS) insider Louis A. Hoch sold 5,954 shares of the firm’s stock in a transaction dated Tuesday, November 29th. The stock was sold at an average price of $1.73, for a total value of $10,300.42. Following the completion of the sale, the insider now directly owns 2,359,054 shares in the company, valued at $4,081,163.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Payment Data Systems Inc. (NASDAQ:PYDS) traded down 1.18% during mid-day trading on Wednesday, hitting $1.68. The company had a trading volume of 17,087 shares. The stock has a 50 day moving average price of $2.09 and a 200-day moving average price of $1.73. Payment Data Systems Inc. has a 1-year low of $1.00 and a 1-year high of $3.80. The stock’s market capitalization is $20.57 million.
About Payment Data Systems
Payment Data Systems, Inc is engaged in the business of processing electronic payments for other companies, including a range of automated clearing house (ACH) processing, credit, prepaid card and debit card-based processing. The Company is an integrated payment solutions provider offering a range of services to merchants, billers, banks, service bureaus, and card issuers.
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