Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Priority Technology Holdings Inc (NASDAQ: PRTH) closed the day trading at $8.90 up 2.77% from the previous closing price of $8.66. In other words, the price has increased by $2.77 from its previous closing price. On the day, 1.46 million shares were traded. PRTH stock price reached its highest trading level at $9.18 during the session, while it also had its lowest trading level at $8.7708.
Ratios:
For a better understanding of PRTH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.86. For the most recent quarter (mrq), Quick Ratio is recorded 1.04 and its Current Ratio is at 1.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Keefe Bruyette on January 16, 2025, Upgraded its rating to Outperform and sets its target price to $14 from $10 previously.
On December 15, 2023, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $5 to $10.
On October 16, 2023, Keefe Bruyette started tracking the stock assigning a Mkt Perform rating and target price of $4.50.Keefe Bruyette initiated its Mkt Perform rating on October 16, 2023, with a $4.50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when Priore John Vito sold 2,555 shares for $11.75 per share. The transaction valued at 30,021 led to the insider holds 8,769,005 shares of the business.
Kiewiet Sean sold 170,596 shares of PRTH for $1,808,318 on Dec 24 ’24. The Chief Strategy Officer now owns 711,853 shares after completing the transaction at $10.60 per share. On Dec 17 ’24, another insider, Kiewiet Sean, who serves as the Chief Strategy Officer of the company, sold 100 shares for $10.00 each. As a result, the insider received 1,000 and left with 882,449 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PRTH now has a Market Capitalization of 687061312 and an Enterprise Value of 1569124096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81. Its current Enterprise Value per Revenue stands at 1.842 whereas that against EBITDA is 8.924.
Stock Price History:
The Beta on a monthly basis for PRTH is 1.19, which has changed by 1.3924732 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, PRTH has reached a high of $12.44, while it has fallen to a 52-week low of $2.82. The 50-Day Moving Average of the stock is -4.64%, while the 200-Day Moving Average is calculated to be 47.69%.
Shares Statistics:
Over the past 3-months, PRTH traded about 367.35K shares per day on average, while over the past 10 days, PRTH traded about 1010050 shares per day. A total of 77.09M shares are outstanding, with a floating share count of 14.02M. Insiders hold about 81.84% of the company’s shares, while institutions hold 6.09% stake in the company. Shares short for PRTH as of 1735603200 were 698757 with a Short Ratio of 1.90, compared to 1732838400 on 743710. Therefore, it implies a Short% of Shares Outstanding of 698757 and a Short% of Float of 3.61.
