PAR Technology Corp. (PAR) Lowered to Hold at TheStreet

TheStreet lowered shares of PAR Technology Corp. (NYSE:PAR) from a buy rating to a hold rating in a research note issued to investors on Monday morning.

PAR Technology Corp. (NYSE:PAR) traded down 1.13% on Monday, reaching $5.24. The company’s stock had a trading volume of 11,063 shares. The stock’s 50 day moving average price is $5.21 and its 200 day moving average price is $5.31. PAR Technology Corp. has a 12 month low of $4.30 and a 12 month high of $7.53. The company’s market cap is $81.82 million.

PAR Technology Corp. (NYSE:PAR) last announced its quarterly earnings results on Wednesday, July 27th. The company reported $0.04 EPS for the quarter. PAR Technology Corp. had a positive return on equity of 7.39% and a negative net margin of 0.23%. The company earned $52.70 million during the quarter, compared to analysts’ expectations of $58.90 million. Equities research analysts forecast that PAR Technology Corp. will post ($0.02) earnings per share for the current year.

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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