's Chart of the Day - Evertec
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 EVTC - Evertec Inc

TheBarchart Chart of the Daybelongs toEvertec(EVTC). I found the payments processing stock by using Barchart to sort today'sNew 52 Week Highlist first by the most frequent number of new highs in the last month, then again for technical buy signals of 80% or more. I always use the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 4/12 the stock gained 26.82%.

Evertec, Inc. is engaged in transaction processing business primarily in Latin America and the Caribbean. The Company operates through divisions which consist of Merchant Acquiring Solutions, Payment Processing and Business Solutions. It offers ATH network, payment processing, card products processing, electronic benefit transfer services, information technology services, database management services, printing centre and document mailing, cash processing, business processes outsourcing services as well as payment solutions, point-of-sale systems and accessories to receive payments. Evertec, Inc. is based in San Juan, Puerto Rico.


Barchart's Opinion trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on theBarchart.comweb site when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • 46.45+ Weighted Alpha
  • 28.70% gain in the last year
  • Trend Spotter buy signals
  • Above its 20, 50 and 100 day moving averages
  • 16 new highs and up 27.56% gain in the last month
  • Relative Strength Index 89.94%
  • Technical support level at 21.53
  • Recently traded at 21.75 with a 60 day moving average of 17.60

Fundamental factors:

  • Market Cap $1.56 billion
  • P/E 14.26
  • Dividend yield .47%
  • Revenue expected to grow 2.90% this year and another 5.30% next year
  • Earnings estimated to increase 19.00% next year and continue to compound at an annual rate of 1.77% for the next 5 years
  • Wall Street analysts issued 2 strong buy and 5 hold recommendations on the stock