NEW HARTFORD, N.Y., October 13, 2019 – Shares of PAR Technology Corporation (NYSE: PAR) surged 3.40% to $22.82. The stock grabbed the investor’s attention and traded 136.422K shares as compared to its average daily volume of 217.09K shares. The stock’s institutional ownership stands at 65.20%.
PAR Technology Corporation (PAR) reported a first-quarter loss of $2.70M, after reporting a profit in the same period a year earlier. The New Hartford, New York-based company said it had a loss of 17 cents per share. Losses, adjusted for non-recurring costs, came to 11 cents per share. The software provider for the hospitality industry posted revenue of $44.70M in the period.
PAR has a market value of $370.14M while its EPS was booked as $-1.66 in the last 12 months. The stock has 16.22M shares outstanding. In the profitability analysis, the company has gross profit margin of 18.50% while net profit margin was -14.70%. Beta value of the company was -0.14; beta is used to measure riskiness of the security. Analyst recommendation for this stock stands at 1.30.