PAR Technology Co. (PAR) Issues Earnings Results
PAR Technology Co. (NYSE:PAR) issued its quarterly earnings results on Monday. The software maker reported $0.14 earnings per share for the quarter. The company had revenue of $65.87 million for the quarter. PAR Technology had a return on equity of 7.13% and a net margin of 0.66%.
Shares of PAR Technology (NYSE:PAR) traded down 1.67% during midday trading on Tuesday, reaching $8.25. The company had a trading volume of 121,321 shares. The firm’s 50 day moving average price is $7.85 and its 200-day moving average price is $6.39. The stock has a market capitalization of $128.77 million, a price-to-earnings ratio of 72.37 and a beta of 0.04. PAR Technology has a 1-year low of $4.30 and a 1-year high of $8.63.
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Separately, TheStreet raised PAR Technology from a “c+” rating to a “b-” rating in a research note on Tuesday, February 7th.
PAR Technology 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.
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