Priority Technology Holdings Inc (NASDAQ:PRTH) traded at $6.75 at close of the session on Friday, March 28 and made a downward move of -9.15% on its previous day’s price.
Looking at the stock we see that its previous close was $7.43 and the beta (5Y monthly) reads 0.992 with the day’s price range being $6.61 – $7.35. In terms of its 52-week price range, PRTH has a high of $12.47 and a low of $2.82. The company’s stock has lost about -34.47% over that past 30 days.
Priority Technology Holdings Inc has a market cap of $536.75 million and is expected to release its quarterly earnings report on 2025-Mar-05.
On the other hand, looking at the outlook for the PRTH stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Buy.
Looking further, we note the current price level is -13.61% off its SMA20 and -27.39% from its 50-day simple moving average. The RSI (14) is pointing at 30.21 while the volatility over the past week is 7.31% and jumps to 8.42% over the past one month. The beta value is 1.15, while the average true range (ATR) is currently pointing at 0.61. The average price target for the stock over the next 12 months is $13, with the estimates having a low of $13 and a high of $13. These price ends are -92.59% and -92.59% off the current price level respectively, although investors could be excited at the prospect of a -92.59% if the PRTH share price touches on the median price of $13.
Coming back to Priority Technology Holdings Inc (NASDAQ:PRTH), we note that the average 3-month trading volume was 687.91K, while that of the preceding 10-day period stands at 0.58 million. Current shares outstanding are 77.48 million.
The insiders hold 73.07% of the company’s shares while institutions hold 14.30%. The data shows that short shares as of 2025-03-14, stood at 0.4 million at a short ratio of 0.59. This represents a 186.00 short interest in shares outstanding on 2025-03-14. Shares short rose in March from the previous month at 0.33 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -42.55% down in year-to-date price movement.
