Priority Technology (PRTH) Surges 5.2%: Is This an Indication of Further Gains?

Priority Technology (PRTH) shares soared 5.2% in the last trading session to close at $7.65. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 3.5% loss over the past four weeks.The stock recorded this price increase as the company benefits from a favorable shift in its business mix, and the scaling of higher-margin enterprise and B2B businesses.This company is expected to post quarterly earnings of $0.30 per share in its upcoming ...