Shares of Evertec Inc. (NYSE:EVTC) traded today at $43.03, eclipsing its 52-week high. Approximately 99,000 shares have changed hands today, as compared to an average 30-day volume of 366,000 shares.
Based on a current price of $42.92, Evertec Inc. is currently 15.3% above its average consensus analyst price target of $36.35.
Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, and Business Solutions. The company serves a diversified customer base of financial institutions, merchants, corporations and government agencies with mission-critical technology solutions that enable them to issue, process and accept transactions securely. The company derives revenue based on transaction or discount fees or fees based on the number of accounts on file.
Evertec Inc. share prices have moved between a 52-week high of $43.03 and a 52-week low of $24.04 and are now trading 79% above that low price at $42.92 per share.
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