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 Tuesday as it is currently trading at $536, above its previous 52-week high of $535.35 with 464,709 shares traded as of 11:51 a.m. ET. Average volume has been 704,900 shares over the past 30 days.

MasterCard has a market cap of $61.05 billion and is part of the services sector and diversified services industry. Shares are up 5.8% year to date as of the close of trading on Monday.

MasterCard Incorporated, 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 23.6, 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, 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 MasterCard Ratings Report.

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