Shares of Mastercard rose 3.56% to $326.71 at 15:43 EST on Thursday, after two consecutive sessions in a row of losses. NYSE Composite is rising 1.83% to $14,753.12, after five consecutive sessions in a row of losses. This seems, as yet, an all-around positive trend trading session today.
Mastercard’s last close was $315.49, 12.41% under its 52-week high of $367.25.
News about Mastercard today
Mastercard sees online spending countering overseas travel slump. According to today’s article on Bloomberg Quint, “Purchase, New York-based Mastercard set aside $2.3 billion in incentives to lure banks and retailers to route transactions over its network.”, “For Mastercard Inc., a pick-up in online spending during the holidays was just enough to counter the slump in overseas travel.”
Mastercard’s sales growth is a negative 9.4% for the present quarter and 1.9% for the next. The company’s growth estimates for the ongoing quarter and the next is a negative 23% and a negative 4.9%, respectively.
Year-on-year quarterly revenue growth declined by 14.1%, now sitting on 15.59B for the twelve trailing months.
Mastercard’s last day, last week, and last month’s average volatility was a negative 3.87%, a negative 1.21%, and a negative 0.31%, respectively.
Mastercard’s last day, last week, and last month’s high and low average amplitude percentage was 3.16%, 2.41%, and 2.46%, respectively.
Mastercard’s Stock Yearly Top and Bottom Value
Mastercard’s stock is valued at $326.71 at 15:43 EST, way under its 52-week high of $367.25 and way higher than its 52-week low of $199.99.
Mastercard’s Moving Average
Mastercard’s value is below its 50-day moving average of $337.57 and under its 200-day moving average of $331.41.
Previous days news about Mastercard
Visa and Mastercard stocks downgraded at keybanc. According to MarketWatch on Wednesday, 27 January, “KeyBanc Capital Markets analyst Josh Beck downgraded shares of Visa Inc. and Mastercard Inc. to sector weight from overweight, writing that there could be more challenges ahead for the payments giants as they navigate the pandemic. “, “He maintained his “favorable long-term bias on the secular opportunity for digital payments, management execution, and competitive moat.” Mastercard is due to report fourth-quarter earnings Thursday morning while Visa delivers its own numbers Thursday afternoon. “