Evertec Inc. (EVTC) is Trading Lower on Unusual Volume for February 18

Equities Staff |

Evertec Inc. (EVTC) experienced unusually high volume on Feb. 18, as the stock lost 8.11% to a closing price of $11.44. The stock saw 1.19 million shares trade hands over the course of the day on 5,710 trades. Given that the stock’s average daily volume over the last month has been 485,879 shares a day, this represents a pretty substantial spike over the norm.

Evertec Inc. has a P/B ratio of 7.38. It also has a P/E ratio of 15. The stock has traded between $23.12 and $11.71 over the last 52-weeks, its 50-day SMA is now $15.10, and its 200-day SMA $18.33.

Evertec Inc is a transaction processing business in Latin America. The Company offers merchant acquiring, payment processing and business process management services. Its business segments are Merchant Acquiring, Payment Processing and Business Solutions.

Headquartered in San Juan, , Evertec Inc. has 1,700 employees and is currently under the leadership of CEO Morgan M. Schuessler.

For a complete fundamental analysis analysis of Evertec Inc., check out Equities.com’s Stock Valuation Analysis report for EVTC. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

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For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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