The stock of Par Technology Corp. (PAR) has gone down by -6.45% for the week, with a -7.78% drop in the past month and a -14.92% drop in the past quarter. The volatility ratio for the week is 2.04%, and the volatility levels for the past 30 days are 3.32% for PAR. The simple moving average for the last 20 days is -5.84% for PAR’s stock, with a simple moving average of -1.38% for the last 200 days.
Is It Worth Investing in Par Technology Corp. (NYSE: PAR) Right Now?
PAR has 36-month beta value of 2.14. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for PAR is 33.34M, and currently, short sellers hold a 13.72% ratio of that float. The average trading volume of PAR on May 09, 2024 was 245.97K shares.
PAR) stock’s latest price update
The stock price of Par Technology Corp. (NYSE: PAR) has dropped by -10.21 compared to previous close of 44.77. Despite this, the company has seen a fall of -6.45% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-09 that PAR Technology (PAR) came out with a quarterly loss of $0.36 per share versus the Zacks Consensus Estimate of a loss of $0.31. This compares to loss of $0.46 per share a year ago.
Analysts’ Opinion of PAR
Many brokerage firms have already submitted their reports for PAR stocks, with Sidoti repeating the rating for PAR by listing it as a “Buy.” The predicted price for PAR in the upcoming period, according to Sidoti is $61 based on the research report published on March 12, 2024 of the current year 2024.
PAR Trading at -6.25% from the 50-Day Moving Average
After a stumble in the market that brought PAR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.34% of loss for the given period.
Volatility was left at 3.32%, however, over the last 30 days, the volatility rate increased by 2.04%, as shares sank -10.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.55% lower at present.
During the last 5 trading sessions, PAR fell by -8.31%, which changed the moving average for the period of 200-days by +19.43% in comparison to the 20-day moving average, which settled at $42.45. In addition, Par Technology Corp. saw -7.67% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PAR starting from MENAR BRYAN A, who sale 803 shares at the price of $43.79 back on Apr 08 ’24. After this action, MENAR BRYAN A now owns 54,601 shares of Par Technology Corp., valued at $35,163 using the latest closing price.
Rauch Douglas Gregory, the Director of Par Technology Corp., sale 4,500 shares at $42.04 during a trade that took place back on Mar 14 ’24, which means that Rauch Douglas Gregory is holding 14,365 shares at $189,180 based on the most recent closing price.
Stock Fundamentals for PAR
Current profitability levels for the company are sitting at:
- -0.15 for the present operating margin
- 0.24 for the gross margin
The net margin for Par Technology Corp. stands at -0.17. The total capital return value is set at -0.09. Equity return is now at value -19.70, with -8.42 for asset returns.
Based on Par Technology Corp. (PAR), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at -0.05. The debt to equity ratio resting at 1.14. The interest coverage ratio of the stock is -9.28.
Currently, EBITDA for the company is -39.4 million with net debt to EBITDA at -6.54. When we switch over and look at the enterprise to sales, we see a ratio of 4.17. The receivables turnover for the company is 6.56for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.25.
Conclusion
To put it simply, Par Technology Corp. (PAR) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
