MasterCard Reaches New 52-Week High (MA)
NEW YORK (
) --
(NYSE:
) hit a new 52-week high Friday as it is currently trading at $387.58, above its previous 52-week high of $384.99 with 617,358 shares traded as of 10:05 a.m. ET. Average volume has been 1.1 million shares over the past 30 days.
MasterCard has a market cap of $41.59 billion and is part of the
sector and
industry. Shares are up 2.3% year to date as of the close of trading on Thursday.
MasterCard Incorporated, together with its subsidiaries, provides transaction processing and related services to customers principally in support of their credit, deposit access, electronic cash and automated teller machine payment card programs, and travelers' cheque programs. The company has a P/E ratio of 20.1, above the average diversified services industry P/E ratio of 19.2 and above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates MasterCard as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full
.
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