A Reversal for Versapay Corp. Is Not Near. The Stock Rises Again

 A Reversal for Versapay Corp. Is Not Near. The Stock Rises Again

The stock of Versapay Corp. (CVE:VPY) is a huge mover today! About 10,050 shares traded hands. Versapay Corp. (CVE:VPY) has risen 6.00% since October 17, 2016 and is uptrending. It has outperformed by 1.31% the S&P500.
The move comes after 5 months positive chart setup for the $33.63M company. It was reported on Nov, 16 by Barchart.com. We have $2.95 PT which if reached, will make CVE:VPY worth $49.10 million more.

More important recent Versapay Corp. (CVE:VPY) news were published by: Marketwired.com which released: “VersaPay Corporation Announces $4 Million Bought-Deal Financing” on April 18, 2016, also Businesswire.com published article titled: “Heartland, VersaPay Help Merchants Move to Electronic Invoicing”, Investingnews.com published: “VersaPay CFO David Chan Quits” on February 26, 2016. More interesting news about Versapay Corp. (CVE:VPY) was released by: Investorideas.com and their article: “#Technology, #Mining #Stocks and #FoodSciences/ #Hemp Company …” with publication date: July 15, 2016.

VersaPay Corporation is a Canada-based financial technology firm that provides a cloud accounts receivable automation software and integrated payment solutions for businesses. The company has a market cap of $33.63 million. The Firm operates through two divisions: VersaPay Solutions and Point of Sale Merchant Services . It currently has negative earnings. Through its VersaPay Solutions segment, the Company focuses on electronic invoice presentment with its ARC software (ARC) and develops value added payment technologies, such as its PayPort and VersaPay Gateway.

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