PAR Technology Corp. (NYSE:PAR) was downgraded by investment analysts at TheStreet from a “buy” rating to a “hold” rating in a research report issued on Monday.

Shares of PAR Technology Corp. (NYSE:PAR) traded down 1.13% during mid-day trading on Monday, hitting $5.24. The stock had a trading volume of 11,063 shares. The firm’s 50 day moving average price is $5.21 and its 200-day moving average price is $5.31. The company’s market cap is $81.82 million. PAR Technology Corp. has a one year low of $4.30 and a one year high of $7.53.

PAR Technology Corp. (NYSE:PAR) last posted its quarterly earnings data on Wednesday, July 27th. The company reported $0.04 earnings per share for the quarter. PAR Technology Corp. had a negative net margin of 0.23% and a positive return on equity of 7.39%. The firm had revenue of $52.70 million for the quarter, compared to analysts’ expectations of $58.90 million. On average, equities research analysts anticipate that PAR Technology Corp. will post ($0.02) earnings per share for the current fiscal year.

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PAR Technology Corp. Company Profile

PAR Technology Corporation (PAR) is a provider of systems and service solutions for the hospitality industry. The Company operates through two segments: Hospitality and Government. The solutions for the restaurant industry integrate software applications, hardware platforms, software delivery, and installation and lifecycle support services.

5 Day Chart for NYSE:PAR

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