MoneyGram International Stock Hits New 52-Week Low (MGI)

NEW YORK ( TheStreet) -- MoneyGram International (NYSE: MGI) hit a new 52-week low Monday as it is currently trading at $15.89, below its previous 52-week low of $15.90 with 26,953 shares traded as of 11:17 a.m. ET. Average volume has been 154,400 shares over the past 30 days.

MoneyGram International has a market cap of $962.4 million and is part of the services sector and diversified services industry. Shares are down 6.3% year to date as of the close of trading on Friday.

MoneyGram International, Inc., through its subsidiaries, provides payment services worldwide. The company operates in two segments, Global Funds Transfer and Financial Paper Products.

TheStreet Ratings rates MoneyGram International as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full MoneyGram International Ratings Report.

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