Evertec (EVTC) Moves 5.4% Higher: Will This Strength Last?

Evertec (EVTC) shares ended the last trading session 5.4% higher at $31.20. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 9.8% loss over the past four weeks. Increased optimism over an accelerated shift to digital payments may have driven the stock higher. Evertec is capitalizing on the digital trend by enhancing its digital solutions, such as Placetopay (an e-commerce gateway), ATH Movil and ATH Business. It has ...