Evertec traded at $28.99 this Monday July 6th, decreasing $0.64 or 2.16 percent since the previous trading session. Looking back, over the last four weeks, Evertec lost 28.27 percent. Over the last 12 months, its price fell by 21.75 percent. Looking ahead, we forecast Evertec to be priced at 29.01 by the end of this quarter and at 27.23 in one year, according to Trading Economics global macro models projections and analysts expectations.
EVERTEC, Inc. is a transaction processing company. The Company provides a range of merchant acquiring, payment processing and business process management services. The Company operates through three segments: Merchant Acquiring, Payment Processing and Business Solutions. As of December 31, 2016, it managed a system of electronic payment networks that processed over two billion transactions annually. It offers a range of services for core bank processing, cash processing and technology outsourcing. It owns and operates the ATH network, which is a personal identification number (PIN) debit network in Latin America. It serves a range of financial institutions, merchants, corporations and government agencies with solutions that enable them to issue, process and accept transactions securely. The Company's range of services spans the entire transaction processing value chain and includes a range of front-end customer-facing solutions.