Is it Time to Dump PAR Technology Corp (PAR) Stock After it Is Higher By 1.56% in a Week?

PAR Technology Corp (PAR) stock has gained 1.56% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.

PAR Technology Corp has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on PAR!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With PAR Stock Today?

PAR Technology Corp (PAR) stock is trading at $38.41 as of 11:10 AM on Wednesday, Nov 29, a rise of $0.43, or 1.13% from the previous closing price of $37.98. The stock has traded between $38.41 and $39.48 so far today. Volume today is light. So far 27,589 shares have traded compared to average volume of 266,768 shares. To screen for more stocks like PAR Technology Corp click here.

More About PAR Technology Corp

PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment. Click Here to get the full Stock Report for PAR Technology Corp stock.