Shares of Visa Inc. (NYSE:V) traded 0.02 points or 0.03% higher at $79.86.The total intraday money flow for the shares came in at a disappointing $(-7.42) million. The total upticks amounted to $4.93 million and the total downticks were approximately $12.35 million, with the up/down ratio of 0.4. On a different note, the shares have seen 0.03% price change during the week.In a block trade which occurred during the day, the stock had an inflow of $0 million in upticks and an outflow of $6.57 million in downticks. The up/down ratio for the block was found to be 0. The net money flow for the block transaction was $(-6.57) million.
Visa Inc. has dropped 1.47% in the last five trading days, however, the shares have posted positive gains of 0.82% in the last 4 weeks.Visa Inc. is up 11.01% in the last 3-month period. Year-to-Date the stock performance stands at 21.38%.
Visa Inc. (NYSE:V) witnessed a decline in the market cap on Monday as its shares dropped 1.04% or 0.83 points. After the session commenced at $80.06, the stock reached the higher end at $80.13 while it hit a low of $78.96. With the volume soaring to 8,874,643 shares, the last trade was called at $79.01. The company has a 52-week high of $81.01. The company has a market cap of $174,734 million and there are 2,211,543,300 shares in outstanding. The 52-week low of the share price is $60.
Many analysts have commented on the company rating. Pacific Crest maintains its view on Visa Inc. (NYSE:V) according to the research report released by the firm to its investors. The shares have now been rated Overweight by the stock experts at the ratings house. Pacific Crest raises the price target from $76 per share to $80 per share on Visa Inc.. The rating by the firm was issued on November 3, 2015.
Visa Inc. (Visa) is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and electronic payments. The Company operates in Payment Services. The Company operates processing networks VisaNet, which facilitates authorization, clearing and settlement of payment transactions worldwide. It also offers fraud protection for account holders and assured payment for merchants. The Company operates an open-loop payments network in which Visa connects and manages the exchange of information and values between: issuers, which includes financial institutions that issue Visa-branded cards or payment products to account holders, and acquirers, which includes financial institutions that contract with merchants to accept Visa-branded cards or payment products.