Let’s start up with the current stock price of PAR Technology Corporation (PAR), which is $56.01 to be very precise. The Stock rose vividly during the last session to $61.00 after opening rate of $61.00 while the lowest price it went was recorded $54.40 before closing at $68.36.Recently in News on September 14, 2021, PAR Technology Corporation Announces Pricing of Public Offerings of Common Stock and Convertible Senior Notes. PAR Technology Corporation (NYSE: PAR) (“Company” or “PAR”) announced today the pricing of its concurrent underwritten public offerings of 892,857 shares of common stock (the “Equity Offering”) and $235.0 million aggregate principal amount of 1.5% Convertible Senior Notes due 2027 (the “2027 Notes” and such offering the “Notes Offering”). In addition, PAR has granted a 30-day option to the underwriters to purchase up to an additional 89,286 shares of common stock and up to an additional $30.0 million aggregate principal amount of 2027 Notes. You can read further details here
PAR Technology Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $90.35 on 03/02/21, with the lowest value was $54.40 for the same time period, recorded on 09/14/21.
PAR Technology Corporation (PAR) full year performance was 33.93%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, PAR Technology Corporation shares are logging -38.01% during the 52-week period from high price, and 59.30% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $35.16 and $90.35.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 3166086 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the PAR Technology Corporation (PAR) recorded performance in the market was -10.80%, having the revenues showcasing -15.17% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.44B, as it employees total of 1008 workers.
Specialists analysis on PAR Technology Corporation (PAR)
During the last month, 4 analysts gave the PAR Technology Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 2 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 66.81, with a change in the price was noted -21.66. In a similar fashion, PAR Technology Corporation posted a movement of -27.89% for the period of last 100 days, recording 264,819 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PAR is recording 0.64 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.64.
Trends and Technical analysis: PAR Technology Corporation (PAR)
Raw Stochastic average of PAR Technology Corporation in the period of last 50 days is set at 8.81%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 8.81%. In the last 20 days, the company’s Stochastic %K was 55.72% and its Stochastic %D was recorded 71.74%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -10.80%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -25.51%, alongside a boost of 33.93% for the period of the last 12 months. The shares increased approximately by -19.13% in the 7-day charts and went down by -11.19% in the period of the last 30 days. Common stock shares were lifted by -15.17% during last recorded quarter.