Mastercard Incorporated (MA) : Traders are bullish on Mastercard Incorporated (MA) as it has outperformed the S&P 500 by a wide margin of 1.5% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.98%, 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 1.31% in the last 1 week, and is up 1.29% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 0.64% and the fifty day Moving Average is 3.43%. MasterCard Incorporated has dropped 0.52% during the last three month period . Year-to-Date the stock performance stands at -0.3%.
Mastercard Incorporated (MA) : 17 Wall Street analysts covering Mastercard Incorporated (MA) believe that the average level the stock could reach for the short term is $109.94. The maximum price target given is $119 and the minimum target for short term is around $99, hence the standard deviation is calculated at $5.63.
Mastercard Incorporated (NYSE:MA): stock turned positive on Friday. Though the stock opened at $95.84, the bulls momentum made the stock top out at $97 level for the day. The stock recorded a low of $95.77 and closed the trading day at $96.47, in the green by 0.92%. The total traded volume for the day was 3,123,059. The stock had closed at $95.59 in the previous days trading.
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.