Par Technology Corp (PAR) kicked off at the price of $62.27: Venture capitalists have an exciting new opportunity

Par Technology Corp (NYSE: PAR) on Friday, plunged -4.67% from the previous trading day, before settling in for the closing price of $65.32. Within the past 52 weeks, PAR’s price has moved between $37.74 and $82.24.

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During the last 5-year period, the sales growth of Technology Sector giant was 22.29%. The company achieved an average annual earnings per share of 44.00%. With a float of $35.58 million, this company’s outstanding shares have now reached $36.30 million.

Let’s determine the extent of company efficiency that accounts for 1802 employees. In terms of profitability, gross margin is 32.64%, operating margin of -18.91%, and the pretax margin is -22.32%.

Par Technology Corp (PAR) Breakdown of a Key Holders of the stock

Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Par Technology Corp is 2.01%, while institutional ownership is 110.17%. 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) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 44.00% per share during the next fiscal year.

Par Technology Corp (NYSE: PAR) Trading Performance Indicators

Par Technology Corp (PAR) is currently performing well based on its current performance indicators. A quick ratio of 1.91 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.82.

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 0.17 in one year’s time.

Technical Analysis of Par Technology Corp (PAR)

Looking closely at Par Technology Corp (NYSE: PAR), its last 5-days average volume was 0.36 million, which is a drop from its year-to-date volume of 0.49 million. As of the previous 9 days, the stock’s Stochastic %D was 7.25%. Additionally, its Average True Range was 2.43.

During the past 100 days, Par Technology Corp’s (PAR) raw stochastic average was set at 39.21%, which indicates a significant increase from 4.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.22% in the past 14 days, which was lower than the 40.21% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $72.28, while its 200-day Moving Average is $59.10. However, in the short run, Par Technology Corp’s stock first resistance to watch stands at $65.33. Second resistance stands at $68.40. The third major resistance level sits at $70.15. If the price goes on to break the first support level at $60.51, it is likely to go to the next support level at $58.76. Now, if the price goes above the second support level, the third support stands at $55.69.

Par Technology Corp (NYSE: PAR) Key Stats

Market capitalization of the company is 2.26 billion based on 38,717K outstanding shares. Right now, sales total 415,820 K and income totals -69,750 K. The company made 96,750 K in profit during its latest quarter, and -19,830 K in sales during its previous quarter.