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 $585.46, above its previous 52-week high of $585 with 232,574 shares traded as of 12:30 p.m. ET. Average volume has been 573,100 shares over the past 30 days.

MasterCard has a market cap of $66.63 billion and is part of the financial sector and financial services industry. Shares are up 19% year to date as of the close of trading on Friday.

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 25, 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, increase in net income, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full MasterCard Ratings Report.

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