Large Outflow of Money Witnessed in Visa

Visa (V) : Wednesdays money flow analysis of Visa (V) indicates the selling of stock on the strength of price. The investors sold the stock on every rise as seen in the downtick transactions of $99.72 million. In comparison, the inflow of money on upticks was a meager $83.27 million. The dollar value of composite uptick trades minus the downtick trades was negative $16.45 million. The uptick to downtick ratio of 0.84 in the money flow shows weakness. The uptick block trades were valued at $16.35 million. The downtick transaction value was high at $32.89 million, which denotes distribution on strength. The uptick to downtick ratio of block trades was 0.5. Hence, the net money flow in the stock was negative ($16.54 million). Visa (V) gained $0.76 at $82.92, a change of 0.93% over the previous days close.


Visa Inc. has dropped 0.3% in the last five trading days, however, the shares have posted positive gains of 2.6% in the last 4 weeks. Visa Inc. is up 8.31% in the last 3-month period. Year-to-Date the stock performance stands at 7.58%.

Visa (V) : The consensus on Visa (V) based on 21 analyst recommendation on the company stock is 1.55, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 14 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Visa (NYSE:V): The stock opened at $82.38 and touched an intraday high of $83.01 on Wednesday. During the day, the stock corrected to an intraday low of $81.94, however, the bulls stepped in and pushed the price higher to close in the green at $82.97 with a gain of 0.99% for the day. The total traded volume for the day was 7,973,923. The stock had closed at $82.16 in the previous trading session.

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.

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