Priority Technology (NASDAQ:PRTH – Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Priority Technology to post earnings of ($0.05) per share for the quarter. Priority Technology has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.
Priority Technology (NASDAQ:PRTH – Get Free Report) last issued its quarterly earnings results on Thursday, August 8th. The company reported ($0.12) EPS for the quarter. Priority Technology had a negative return on equity of 9.60% and a net margin of 0.74%. The firm had revenue of $219.87 million for the quarter.
Priority Technology Stock Performance
Shares of PRTH opened at $5.56 on Thursday. The stock has a 50-day moving average of $6.08 and a two-hundred day moving average of $5.01. Priority Technology has a one year low of $2.79 and a one year high of $7.38. The stock has a market cap of $427.19 million, a P/E ratio of -8.55 and a beta of 0.98.
Wall Street Analysts Forecast Growth
Check Out Our Latest Report on PRTH
Insider Activity
In other news, CAO Rajiv Kumar sold 10,000 shares of the business’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $6.13, for a total value of $61,300.00. Following the completion of the transaction, the chief accounting officer now owns 11,587 shares of the company’s stock, valued at $71,028.31. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In related news, insider Sean Kiewiet sold 7,201 shares of the company’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $5.90, for a total value of $42,485.90. Following the completion of the transaction, the insider now owns 1,094,652 shares of the company’s stock, valued at approximately $6,458,446.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Rajiv Kumar sold 10,000 shares of the company’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $6.13, for a total value of $61,300.00. Following the completion of the transaction, the chief accounting officer now directly owns 11,587 shares of the company’s stock, valued at $71,028.31. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 64,498 shares of company stock valued at $367,044 in the last quarter. 76.30% of the stock is currently owned by company insiders.
Priority Technology Company Profile
Priority Technology Holdings, Inc operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing.
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