Total System Services (TSS) Shares Slide -8.35%

Total System Services (TSS) : During the past 4 weeks, traders have been relatively bearish on Total System Services (TSS), hence the stock is down -6.78% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -8.29% relative to the S&P 500. The 4-week change in the price of the stock is -3.65% and the stock has fallen -8.35% in the past 1 week.

The stock has recorded a 20-day Moving Average of 5.98% and the 50-Day Moving Average is 4.51%. Total System Services, Inc. has dropped 0.24% during the last 3-month period . Year-to-Date the stock performance stands at 2.67%.


Total System Services (NYSE:TSS): On Fridays trading session , Opening price of the stock was $52.37 with an intraday high of $52.37. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $50.731. However, the stock managed to close at $50.92, a loss of 2.64% for the day. On the previous day, the stock had closed at $52.3. The total traded volume of the day was 1,834,364 shares.

Also, First Analysis upgrades their rating on the shares of Total System Services (NYSE:TSS). The current rating of the shares is Overweight. Earlier, the shares were rated a Equal-weight by the brokerage firm. The rating by the firm was issued on July 28, 2016.

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.

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