Shares of Visa (NYSE:V) Sees Large Inflow of Net Money Flow

Visa (NYSE:V) traded negative at $77.16. On an intraday basis, the price dropped -1.2 points or -1.53%. The composite uptick value was $193.9 million while the combined downtick value was $72.08. The net money flow was $121.82 million while the up/down ratio was not very comforting at 2.69. The shares on a weekly note has seen a change in share price of -3.77%.According to the trading data, the shares saw a block trade with $119.83 million in upticks and $0 million in downticks. The up/down ratio for the block was calculated to be 0. The net money flow for the block trade was 119.83.

Visa Inc. has lost 3.98% in the last five trading days and dropped 0.57% in the last 4 weeks. Visa Inc. is up 4.54% in the last 3-month period. Year-to-Date the stock performance stands at -0.35%.

Currently the company Insiders own 0.17% of Visa shares according to the proxy statements. Institutional Investors own 82.04% of Visa shares. . On the companys insider trading activities, Richey Ellen, officer (VICE CHAIR RISK & PUB POLICY) of Visa Inc., unloaded 18,736 shares at an average price of $73.87 on March 3, 2016. The total amount of the transaction was worth $1,384,028, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Visa (NYSE:V) witnessed a decline in the market cap on Friday as its shares dropped 1.74% or 1.36 points. After the session commenced at $78.32, the stock reached the higher end at $78.33 while it hit a low of $76.83. With the volume soaring to 14,602,150 shares, the last trade was called at $76.99. The company has a 52-week high of $81.73. The company has a market cap of $167,004 million and there are 2,169,163,500 shares in outstanding. The 52-week low of the share price is $60.

Visa Inc. is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments. The Company offers fraud protection for account holders and rapid payment for merchants. The Company provides a variety of payment solutions that support payment products that issuers can offer to their account holders, such as pay now with debit, pay ahead with prepaid or pay later with credit products. The Company offers a suite of digital, eCommerce and mobile products and services.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *