Total System Services (TSS) : Traders are bullish on Total System Services (TSS) as it has outperformed the S&P 500 by a margin of 3.12% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.86%, 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 1.48% in the last 1 week, and is up 10.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Total System Services (NYSE:TSS): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $55.09 and $54.81 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $55.56. The buying momentum continued till the end and the stock did not give up its gains. It closed at $55.56, notching a gain of 1.07% for the day. The total traded volume was 733,327 . The stock had closed at $54.97 on the previous day.
The stock has recorded a 20-day Moving Average of 4.22% and the 50-Day Moving Average is 4.43%. Total System Services, Inc. is up 9.15% in the last 3-month period. Year-to-Date the stock performance stands at 12.02%.
Total System Services, Inc. (TSYS) is a global payment solutions provider that provides services to financial and nonfinancial institutions. The Company also provides processing services, acquiring solutions, related systems and integrated support services to merchant acquirers and merchants. In addition, it provides general purpose reloadable (GPR) prepaid and payroll cards, and alternative financial service solutions to the underbanked and other consumers. Its operating segments include North America Services, Merchant Services, NetSpend and International Services. Through the Companys North America Services and International Services segments, TSYS processes information through its cardholder systems to financial and non-financial institutions. The Merchant Services segment includes electronic processing and other services provided to merchants and merchant acquirers. The NetSpend segment provides GPR prepaid debit and payroll cards and alternative financial service solutions.