Priority Technology Holdings Inc (PRTH) concluded trading on Thursday at a closing price of $8.66, with 5.29 million shares of worth about $45.81 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 50.87% during that period and on January 16, 2025 the price saw a gain of about 7.44%. Currently the company’s common shares owned by public are about 77.09M shares, out of which, 14.02M shares are available for trading.
Stock saw a price change of -24.04% in past 5 days and over the past one month there was a price change of -4.31%. Year-to-date (YTD), PRTH shares are showing a performance of -26.30% which increased to 166.46% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.82 but also hit the highest price of $12.44 during that period. The average intraday trading volume for Priority Technology Holdings Inc shares is 284.61K. The stock is currently trading -16.04% below its 20-day simple moving average (SMA20), while that difference is down -6.44% for SMA50 and it goes to 44.39% higher than SMA200.
Priority Technology Holdings Inc (NASDAQ: PRTH) currently have 77.09M outstanding shares and institutions hold larger chunk of about 6.07% of that.
The stock has a current market capitalization of $668.54M and its 3Y-monthly beta is at 1.19. It has posted earnings per share of -$0.42 in the same period. It has Quick Ratio of 1.04. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PRTH, volatility over the week remained 14.48% while standing at 10.72% over the month.
Stock’s fiscal year EPS is expected to rise by 79.37% while it is estimated to increase by 551.92% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Keefe Bruyette on Jan-17-25 offering an Outperform rating for the stock and assigned a target price range of between $10 and $14 to it. Coverage by B. Riley Securities stated Priority Technology Holdings Inc (PRTH) stock as a Buy in their note to investors on December 15, 2023, suggesting a price target of $10 for the stock. On October 16, 2023, Keefe Bruyette Initiated their recommendations, while on July 31, 2023, Lake Street Initiated their ratings for the stock with a price target of $7. Stock get a Neutral rating from B. Riley Securities on June 23, 2023.
