Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate PAR Technology Corp before investing.

In this article, we go over a few key elements for understanding PAR Technology Corp’s stock price such as:

• PAR Technology Corp’s current stock price and volume
• Why PAR Technology Corp’s stock price changed recently
• Upgrades and downgrades for PAR from analysts
• PAR’s stock price momentum as measured by its relative strength

About PAR Technology Corp (PAR)

Before we jump into PAR Technology Corp’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

PAR Technology Corporation is a global restaurant technology company engaged in providing unified commerce solutions for enterprise foodservice. The Company offers a complete suite of front- and back-office products to serve the enterprise technology needs of restaurants and hospitality concepts of all sizes. Its solutions include front of house, back of house, loyalty solutions, ordering, drive-thru and partner ecosystem. The Company’s products include Brink POS Enterprise, Brink POS SMB, Data Central, Punchh, MENU Ordering, PixelPoint, Drive-Thru, Digital Ordering, Kiosk Ordering, MENU Link, MENU Dispatch, and MENU integrations with PAR products. It also offers PAR Pay and Payment Services, which are enterprise-grade solutions designed to meet all payment needs under one roof. Its hardware products include PAR Wave, PAR Phase, EverServ Tablets, Kitchen Display System (KDS), and POS Peripherals. Its products and services are used by over 70,000 restaurants in more than 110 countries.

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PAR Technology Corp’s Stock Price as of Market Close

As of August 08, 2024, 4:00 PM, CST, PAR Technology Corp’s stock price was $49.34.

PAR Technology Corp is up 10.33% from its previous closing price of $44.72.

During the last market session, PAR Technology Corp’s stock traded between $44.61 and $47.16. Currently, there are 29.52 million shares of PAR Technology Corp stock available for purchase.

Unfortunately, PAR Technology Corp’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

PAR Technology Corp Stock Price History

PAR Technology Corp’s (PAR) price is currently down 2.57% so far this month.

During the month of August, PAR Technology Corp’s stock price has reached a high of $51.27 and a low of $43.50.

Over the last year, PAR Technology Corp has hit prices as high as $55.66 and as low as $28.21. Year to date, PAR Technology Corp’s stock is up 89.26%.

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What Caused PAR Technology Corp Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 07, 2024, there was 1 analyst who downgraded PAR Technology Corp’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate PAR Technology Corp’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on PAR Technology Corp’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

PAR Technology Corp’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about PAR Technology Corp (PAR) by visiting AAII Stock Evaluator.

Relative Price Strength of PAR Technology Corp

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 07, 2024, PAR Technology Corp has a weighted four-quarter relative price strength of 1.69%, which translates to a Momentum Score of 73 and is considered to be Strong.

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PAR Technology Corp Stock Price: Bottom Line

As of August 8, 2024, PAR Technology Corp’s stock price is $49.34, which is up 10.33% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like PAR Technology Corp stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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