Raymond James Trims Versapay (VPY) Target Price to C$3.30
Separately, Pi Financial dropped their price objective on shares of Versapay from C$3.50 to C$3.25 in a research note on Thursday, August 30th.
Shares of CVE VPY traded down C$0.02 on Friday, reaching C$1.53. 53,800 shares of the company traded hands, compared to its average volume of 29,810. Versapay has a fifty-two week low of C$1.45 and a fifty-two week high of C$2.74.
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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