MasterCard Stock Hits New 52-Week High (MA)

NEW YORK ( TheStreet) -- MasterCard Incorporated (NYSE: MA) hit a new 52-week high Friday as it is currently trading at $592.60, above its previous 52-week high of $591.89 with 296,369 shares traded as of 12 p.m. ET. Average volume has been 597,100 shares over the past 30 days.

MasterCard has a market cap of $68.13 billion and is part of the financial sector and financial services industry. Shares are up 18.7% year to date as of the close of trading on Wednesday.

MasterCard Incorporated, together with its subsidiaries, provides transaction processing and other payment-related services in the United States and internationally.

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TheStreet Ratings rates MasterCard as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, increase in net income, revenue growth and notable return on equity. 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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