Par Technology traded at $14.17 this Wednesday June 3rd, decreasing $1.12 or 7.33 percent since the previous trading session. Looking back, over the last four weeks, Par Technology lost 1.12 percent. Over the last 12 months, its price fell by 78.35 percent. Looking ahead, we forecast Par Technology to be priced at 15.13 by the end of this quarter and at 14.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
PAR Technology Corporation is a provider of systems and service solutions for the restaurant and government sectors. The Company operates through two segments: Restaurant/Retail and Government. The Restaurant/Retail segment provides point-of-sale (POS) software, hardware, back-office software and integrated technical solutions to the restaurant and retail industries. It provides multi-unit and individual restaurants, franchisees, and enterprise customers in three restaurant categories: fast casual, quick serve, and table service. The segment also offers a portfolio of services to support its customer technology and hardware requirements before, during and after software and/or hardware deployments. The Government segment provides intelligence, surveillance, and reconnaissance solutions (SR) and mission systems support to the Department of Defense (DoD) and other Federal agencies. The Government segment is focused on intelligence solutions and mission systems contract support.