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The closing price of Priority Technology Holdings Inc (NASDAQ: PRTH) was $8.02 for the day, down -3.95% from the previous closing price of $8.35. In other words, the price has decreased by -$3.95 from its previous closing price. On the day, 0.57 million shares were traded. PRTH stock price reached its highest trading level at $8.975 during the session, while it also had its lowest trading level at $7.96.
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 10.91 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.59. 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, B. Riley Securities on December 15, 2023, Upgraded its rating to Buy and sets its target price to $10 from $5 previously.
On October 16, 2023, Keefe Bruyette started tracking the stock assigning a Mkt Perform rating and target price of $4.50.
On July 31, 2023, Lake Street started tracking the stock assigning a Buy rating and target price of $7.Lake Street initiated its Buy rating on July 31, 2023, with a $7 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 Nov 05 ’24 when Kiewiet Sean sold 10,000 shares for $5.41 per share. The transaction valued at 54,100 led to the insider holds 1,045,158 shares of the business.
Kiewiet Sean sold 5,700 shares of PRTH for $29,127 on Nov 04 ’24. The Chief Strategy Officer now owns 1,055,158 shares after completing the transaction at $5.11 per share. On Nov 01 ’24, another insider, Kiewiet Sean, who serves as the Chief Strategy Officer of the company, sold 4,300 shares for $5.30 each. As a result, the insider received 22,790 and left with 1,060,858 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 618871360 and an Enterprise Value of 1501218048. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70. Its current Enterprise Value per Revenue stands at 1.762 whereas that against EBITDA is 8.538.
Stock Price History:
Over the past 52 weeks, PRTH has reached a high of $9.25, while it has fallen to a 52-week low of $2.79. The 50-Day Moving Average of the stock is 20.98%, while the 200-Day Moving Average is calculated to be 66.52%.
Shares Statistics:
PRTH traded an average of 86.47K shares per day over the past three months and 257800 shares per day over the past ten days. A total of 76.96M shares are outstanding, with a floating share count of 13.28M. Insiders hold about 82.79% of the company’s shares, while institutions hold 6.00% stake in the company. Shares short for PRTH as of 1730332800 were 110796 with a Short Ratio of 1.28, compared to 1727654400 on 128399. Therefore, it implies a Short% of Shares Outstanding of 110796 and a Short% of Float of 0.58.
