Visa (V) : Mondays money flow points at investors jumping to buy the stock on the weakness of price. $50.71 million worth of transactions were on upticks, whereas, the downticks accounted for $38.66 million worth of transactions. The net money flow was a positive $12.05 million and the uptick to downtick ratio was 1.31. The net money flow into the stock was $12 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $12 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Visa (V) was trading at $78.3, down $0.01 during day. The stock slid -0.01% over the previous days close. For the week, the stock recorded 2.45% over the previous weeks close.
Visa Inc. has dropped 3.68% during the last 3-month period . Year-to-Date the stock performance stands at 1.36%. Shares of Visa Inc. appreciated by 2.34% during the last five trading days but lost 0.05% on a 4-week basis. In a related news, The Securities and Exchange Commission has divulged that Richey Ellen, officer (VICE CHAIR RISK & PUB POLICY) of Visa Inc., had unloaded 18,736 shares at an average price of $73.87 in a transaction dated on March 3, 2016. The total value of the transaction was worth $1,384,028.
Visa (NYSE:V): stock turned positive on Monday. Though the stock opened at $78.35, the bulls momentum made the stock top out at $78.6965 level for the day. The stock recorded a low of $78.23 and closed the trading day at $78.31, in the green by 0.01%. The total traded volume for the day was 4,864,213. The stock had closed at $78.3 in the previous days trading.
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.