Mastercard Incorporated (MA) : Traders are bullish on Mastercard Incorporated (MA) as it has outperformed the S&P 500 by a wide margin of 6.5% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.7%, 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 1.23% in the last 1 week, and is up 4.35% 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 1.89% and the 50-Day Moving Average is 4.34%.The 200 Day SMA reached 6.66% MasterCard Incorporated is up 6.74% in the last 3-month period. Year-to-Date the stock performance stands at 2.69%.
Mastercard Incorporated (MA) : Average target price received by Mastercard Incorporated (MA) is $110.89 with an expected standard deviation of $5.84. The most aggressive target on the stock is $122, whereas the most downbeat target is $99. 18 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Mastercard Incorporated (NYSE:MA): stock was range-bound between the intraday low of $98.59 and the intraday high of $99.689 after having opened at $99.05 on Fridays session. The stock finally closed in the red at $99.05, a loss of -0.11%. The stock remained in the red for the whole trading day. The total traded volume was 4,498,823 shares. The stock failed to cross $99.689 in Fridays trading. The stocks closing price on Thursday was $99.47.
MasterCard Incorporated is a technology company in the global payments industry. The Company connects consumers, financial institutions, merchants, Governments and businesses around the world, enabling them to use electronic forms of payment instead of cash and checks. The Companys brands include MasterCard, Maestro and Cirrus. It provides offerings, such as loyalty and reward programs, information services and consulting. The Company focuses on segments, including Government programs, such as Social Security payments, unemployment benefits and others; commercial programs, such as payroll, health savings accounts, employee benefits and others, and consumer reloadable programs for individuals without formal banking relationships and non-traditional users of electronic payments. The Company provides a variety of products and solutions that support payment products that customers can offer to their cardholders.