Company Overview - Priority Technology (PRTH) currently has a Momentum Style Score of A, indicating strong potential for momentum investing [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for outperformance in the market [3] Price Performance - Over the past week, PRTH shares increased by 0.38%, while the Zacks Technology Services industry rose by 2.05% [6] - In the last month, PRTH's price surged by 86.64%, significantly outperforming the industry's 2.62% [6] - Over the past quarter, PRTH shares have risen by 83.91%, and over the last year, they have increased by 235.33%, compared to the S&P 500's gains of 7.61% and 33.32% respectively [7] Trading Volume - The average 20-day trading volume for PRTH is 240,651 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for PRTH has been revised upward, while none have been lowered, improving the consensus estimate from -$0.42 to -$0.20 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, PRTH is recommended as a stock to watch for potential near-term gains [11]
What Makes Priority Technology (PRTH) a Strong Momentum Stock: Buy Now?