Geode Capital Management LLC Has $248,000 Stock Holdings in Usio, Inc. (NASDAQ:USIO)

Geode Capital Management LLC increased its position in shares of Usio, Inc. (NASDAQ:USIO) by 5.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 182,116 shares of the company’s stock after purchasing an additional 9,731 shares during the quarter. Geode Capital Management LLC’s holdings in Usio were worth $248,000 at the end of the most recent quarter.

Separately, Creative Planning acquired a new position in shares of Usio during the third quarter valued at $58,000. Institutional investors own 20.23% of the company’s stock.

Usio Trading Down 14.4 %

Shares of USIO opened at $2.20 on Tuesday. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.03. Usio, Inc. has a 12-month low of $1.24 and a 12-month high of $2.92. The firm has a market capitalization of $59.69 million, a PE ratio of 24.44 and a beta of 1.75. The stock’s fifty day simple moving average is $1.55 and its 200-day simple moving average is $1.50.

Usio Company Profile

Usio, Inc, together with its subsidiaries, provides integrated electronic payment processing services to merchants and businesses in the United States. The company offers various types of automated clearing house (ACH) processing; and credit, prepaid card, and debit card-based processing services. Its ACH transaction processing services include Represented Check and Check Conversion for electronic payment facilitation.