On Tuesday, Par Technology Corp. (NYSE: PAR) opened higher 7.63% from the last session, before settling in for the closing price of $52.67. Price fluctuations for PAR have ranged from $28.21 to $58.57 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 16.44%. Company’s average yearly earnings per share was noted 52.35% at the time writing. With a float of $35.63 million, this company’s outstanding shares have now reached $36.28 million.
The extent of productivity of a business whose workforce counts for 1802 workers is very important to gauge. In terms of profitability, gross margin is 28.06%, operating margin of -16.54%, and the pretax margin is -20.56%.
Par Technology Corp. (PAR) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Par Technology Corp. is 1.81%, while institutional ownership is 103.10%. The most recent insider transaction that took place on Aug 28 ’24, was worth 160,830. In this transaction Director of this company sold 3,000 shares at a rate of $53.61, taking the stock ownership to the 14,760 shares. Before that another transaction happened on Aug 28 ’24, when Company’s Director proposed sale 3,000 for $53.61, making the entire transaction worth $160,830.
Par Technology Corp. (PAR) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted -0.21 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.35) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 18.00% during the next five years compared to -10.98% drop over the previous five years of trading.
Par Technology Corp. (NYSE: PAR) Trading Performance Indicators
Check out the current performance indicators for Par Technology Corp. (PAR). In the past quarter, the stock posted a quick ratio of 2.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.26, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.30 in one year’s time.
Technical Analysis of Par Technology Corp. (PAR)
The latest stats from [Par Technology Corp., PAR] show that its last 5-days average volume of 0.47 million was superior to 0.33 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 64.55%. Additionally, its Average True Range was 1.86.
During the past 100 days, Par Technology Corp.’s (PAR) raw stochastic average was set at 88.75%, which indicates a significant increase from 82.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.01% in the past 14 days, which was higher than the 41.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $52.78, while its 200-day Moving Average is $46.93. Now, the first resistance to watch is $58.24. This is followed by the second major resistance level at $59.78. The third major resistance level sits at $62.61. If the price goes on to break the first support level at $53.86, it is likely to go to the next support level at $51.03. The third support level lies at $49.49 if the price breaches the second support level.
Par Technology Corp. (NYSE: PAR) Key Stats
There are currently 33,991K shares outstanding in the company with a market cap of 2.06 billion. Presently, the company’s annual sales total 415,820 K according to its annual income of -69,750 K. Last quarter, the company’s sales amounted to 78,150 K and its income totaled 54,190 K.
