MasterCard Reaches 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 Monday as it is currently trading at $517.34, above its previous 52-week high of $515.46 with 139,095 shares traded as of 10:11 a.m. ET. Average volume has been 712,700 shares over the past 30 days.

MasterCard has a market cap of $60.95 billion and is part of the services sector and diversified services industry. Shares are up 4% year to date as of the close of trading on Friday.

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 29.6, 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, growth in earnings per share, increase in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. You can view the full MasterCard Ratings Report.

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