Shares of Visa (V) Sees Large Inflow of Net Money Flow

Visa (V) : Visa (V) had a healthy money flow of $6.31 million into the stock during the Wednesdays trading session. The value of bullish trades on upticks was $10.57 million, whereas, investors only sold shares worth $4.26 million on downticks. The stock closed the day with an up-down ratio of 2.48.The money flow in the block trades to the tune of $7.17 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $7.17 million worth of transactions were on upticks. Visa (V) stock slid $0.1 intraday and traded at 82.06, a change of -0.12% over previous days close. However, for the week, the company shares are -0.58% compared to previous weeks close.

Visa

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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