Global Payments (GPN): The stock had negative money flow to the tune of ($1.87 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $2.17 million, whereas, the outflow of money on downticks was $4.04 million and the ratio between the two was 0.54. The block trade had a negative net money flow of ($1.37 million). On the other hand, downticks amounted to $1.37 million of the traded value, which shows distribution in the stock by traders. Global Payments (GPN) closed with marginal gains of 9 cents to end the day at $76.81, an increase of 0.12% over the previous days close. The stock recorded 4.45% for the week.
Global Payments Inc. has dropped 0.19% during the last 3-month period . Year-to-Date the stock performance stands at 19.03%. Shares of Global Payments Inc. rose by 2.62% in the last five trading days and 2.98% for the last 4 weeks. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Global Payments Inc, Jacobs William I had sold 600 shares worth of $45,480 in a transaction dated July 13, 2016. In this transaction, 600 shares were sold at $75.8 per share.
Global Payments (NYSE:GPN): stock turned positive on Monday. Though the stock opened at $76.55, the bulls momentum made the stock top out at $76.87 level for the day. The stock recorded a low of $76.264 and closed the trading day at $76.76, in the green by 0.05%. The total traded volume for the day was 682,642. The stock had closed at $76.72 in the previous days trading.
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.