Priority Technology Holdings Inc

NASDAQ PRTH

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Priority Technology Holdings Inc Market Capitalization on June 03, 2024: USD 369.90 M

Priority Technology Holdings Inc Market Capitalization is USD 369.90 M on June 03, 2024, a 25.05% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Priority Technology Holdings Inc 52-week high Market Capitalization is USD 395.52 M on May 29, 2024, which is 6.93% above the current Market Capitalization.
  • Priority Technology Holdings Inc 52-week low Market Capitalization is USD 223.26 M on December 06, 2023, which is -39.64% below the current Market Capitalization.
  • Priority Technology Holdings Inc average Market Capitalization for the last 52 weeks is USD 269.59 M.
NASDAQ: PRTH

Priority Technology Holdings Inc

CEO Mr. Thomas Charles Priore
IPO Date Dec. 6, 2016
Location United States
Headquarters 2001 Westside Parkway, Alpharetta, GA, United States, 30004
Employees 974
Sector Technology
Industry Software - infrastructure
Description

Priority Technology Holdings, Inc. operates as a payment technology company in the United States. The company operates through three segments: Small and Medium-Sized Businesses (SMB) Payments, Business-To-Business (B2B) Payments, and Enterprise Payments. It offers SMB payments processing solutions for B2C transactions through independent sales organizations, financial institutions, independent software vendors, and other referral partners through its MX product suite, which includes MX Connect and MX Merchant products, such as MX Insights, MX Storefront, MX Retail, MX Invoice, MX B2B and ACH.com, and others, which provides flexible and customizable set of business applications that helps to manage critical business work functions and revenue performance to resellers and merchant clients using core payment processing. The company also offers CPX, a platform that offers accounts payable automation solutions, including virtual card, purchase card, ACH +, dynamic discounting, or check. In addition, it provides curated managed services; payment-adjacent technologies to facilitate the acceptance of electronic payments from customers; and Plastiq payables management software, which helps businesses in improving cash flow with instant access to working capital. Further, the company offers embedded finance and BaaS solutions to enterprise customers to modernize legacy platforms and accelerate software partners' strategies to monetize payments; and managed services solutions that provide audience-specific programs for institutional partners and other third parties; and consulting and development solutions. It serves SMB, and enterprises, as well as distribution partners, including retail and wholesale independent sales organizations, financial institutions, and independent software vendors. The company was founded in 2005 and is headquartered in Alpharetta, Georgia.

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StockViz Staff

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