Global Payments (GPN) Shares are Up 1.78%

Global Payments (GPN) : Traders are bullish on Global Payments (GPN) as it has outperformed the S&P 500 by a wide margin of 1.12% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.61%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.78% in the last 1 week, and is up 0.58% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.73% and the 50-Day Moving Average is 1.75%.The 200 Day SMA reached 10.71%


Global Payments (NYSE:GPN): After opening at $76.43, the stock dipped to an intraday low of $75.915 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $77.14 and the buying power remained strong till the end. The stock closed at $76.76 for the day, a gain of 0.88% for the day session. The total traded volume was 1,329,614. The stocks close on the previous trading day was $76.76.

Global Payments (GPN) : The highest short term price target forecast on Global Payments (GPN) is $90 and the lowest target price is $72. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $79.53 with a standard deviation of $6.01.

Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates in two segments: North America merchant services and International merchant services. The Companys North America merchant services and International merchant services segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services. The Companys North America merchant services and International merchant services segments target customers in various industries, including financial services, gaming, government, healthcare, professional services, restaurants, retail, universities, not-for-profit organizations and utilities. The Company performs a series of services, including authorization, electronic draft capture, file transfers to facilitate funds settlement and certain exception-based, back office support services, such as chargeback and retrieval resolution.

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