GE Stock – Synchrony Financial (SYF) Rises 1.89% for March 30
Among the biggest risers on the S&P 500 on Tuesday March 30 was Synchrony Financial ($SYF), popping some 1.89% to a price of $41.06 a share with
some 6.29 million shares trading hands.
Starting the day trading at $40.57, Synchrony Financial reached an intraday high of $41.31 and hit intraday lows of $40.57. Shares gained $0.76 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 583.88 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $12.98 to $43.62.
Synchrony Financial, originally a spin-off of GE Capital’s retail financing business, is the largest provider of private-label credit cards in the United States by both outstanding receivables and purchasing volume. Synchrony partners with other firms to market its credit products in their physical stores as well as on their websites and mobile applications. Synchrony operates through three segments: Retail card (private-label and co-branded general-purpose credit cards), Payment solutions (promotional financing for large ticket purchases), and CareCredit (financing for elective healthcare procedures).
Synchrony Financial has its corporate headquarters located in Stamford, CT and employs 16,500 people. Its market cap has now risen to $23.97 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 2, and P/FCF n/a.
You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Synchrony Financial, check out Stock Valuation Analysis tool for SYF.
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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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