Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Priority Technology Holdings Inc (NASDAQ: PRTH) was $7.62 for the day, up 1.33% from the previous closing price of $7.52. In other words, the price has increased by $1.33 from its previous closing price. On the day, 0.56 million shares were traded.
Ratios:
Our analysis of PRTH’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.78. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jan 17 ’25 when Priore John Vito sold 3,454,575 shares for $7.44 per share. The transaction valued at 25,702,038 led to the insider holds 5,314,430 shares of the business.
Priore John Vito sold 1,242,856 shares of PRTH for $9,246,849 on Jan 21 ’25. The Director now owns 4,071,574 shares after completing the transaction at $7.44 per share. On Jan 17 ’25, another insider, Ram Ranjana, who serves as the Chief Operating Officer of the company, sold 18,385 shares for $7.44 each. As a result, the insider received 136,784 and left with 693,004 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68.
Stock Price History:
Over the past 52 weeks, PRTH has reached a high of $12.47, while it has fallen to a 52-week low of $3.35. The 50-Day Moving Average of the stock is 5.76%, while the 200-Day Moving Average is calculated to be -1.50%.
Shares Statistics:
A total of 79.71M shares are outstanding, with a floating share count of 25.07M. Insiders hold about 68.56% of the company’s shares, while institutions hold 22.56% stake in the company.
