MasterCard Stock Hits New 52-Week High (MA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- MasterCard Incorporated (NYSE: MA) hit a new 52-week high Wednesday as it is currently trading at $467.83, above its previous 52-week high of $466.98 with 467,126 shares traded as of 1:55 p.m. ET. Average volume has been 734,600 shares over the past 30 days.

MasterCard has a market cap of $54.68 billion and is part of the services sector and diversified services industry. Shares are up 22.5% year to date as of the close of trading on Tuesday.

MasterCard Incorporated, a payments and technology company, together with its subsidiaries, provides transaction processing and other payment-related services in the United States and internationally. The company has a P/E ratio of 27.3, equal to the average diversified services industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates MasterCard as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full MasterCard Ratings Report.

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