Stock Price of Global Payments Inc. (GPN) Increases 1.5%

Stock price performance of Global Payments Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 13.11% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 5.15% . Looking at the past 52 week period, the stock price is up at 40.96% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Global Payments Inc. has a positive value of 6.29 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 1.94% and the 50-Day Moving Average is 6.62%.The 200 Day SMA reached 4.47%

Global Payments Inc. is having a Relative Strength Index of 61.66 which indicates the stock is not yet over sold or over bought based on the technical indicators. Global Payments Inc. (NYSE:GPN) has climbed 1.5% in the past week and advanced 5.57% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 1.38% and the outperformance has advanced to 4.63% for the last 4 weeks period.

Company has reported several Insider transactions to the SEC, on Jan 20, 2017, Michael W Trapp (director) sold 5,000 shares at 79.44 per share price.On Jan 20, 2017, Robert H B Jr Baldwin (director) sold 6,500 shares at 78.83 per share price.On Jan 13, 2017, William I Jacobs (director) sold 600 shares at 77.47 per share price.

Global Payments Inc Last issued its quarterly earnings results on Jan 9, 2017. The company reported $0.89 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $0.84. The company had revenue of $941.80 million for the quarter, compared to analysts expectations of $802.15 million. The companys revenue was up 30.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.76 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Global Payments Inc was Initiated by Cantor Fitzgerald to Overweight on Jan 27, 2017. Company shares were Reiterated by RBC Capital Mkts on Jan 10, 2017 to Outperform, Raises Price Target to $ 88 from a previous price target of $87 .Company shares were Reiterated by Stifel on Jan 10, 2017 to Buy, Raises Price Target to $ 92 from a previous price target of $85 .Global Payments Inc was Initiated by Guggenheim on Dec 20, 2016 to Buy, Price Target of the shares are set at $82.Global Payments Inc was Upgraded by Compass Point on Nov 15, 2016 to Buy, Price Target of the shares are set at $77.

Global Payments Inc. (NYSE:GPN) : On Friday heightened volatility was witnessed in Global Payments Inc. (NYSE:GPN) which led to swings in the share price. The stock opened for trading at $77.29 and hit $79.29 on the upside , eventually ending the session at $78.6, with a gain of 2.45% or 1.88 points. The heightened volatility saw the trading volume jump to 2,023,552 shares. The 52-week high of the share price is $80.88 and the company has a market cap of $11,968 million. The 52-week low of the share price is at $51.29 .

Global Payments Inc. is a leading provider of electronic transaction processing services for consumers, merchants, Independent Sales Organizations, financial institutions, government agencies and multi- national corporations located throughout the United States, Canada, Latin America and Europe. Global Payments offers a comprehensive line of processing solutions for credit and debit cards, business-to-business purchasing cards, gift cards, electronic check conversion and check guarantee, verification and recovery, as well as terminal management. The company also provides consumer money transfer services from the U.S. and Europe to destinations in Latin America, Morocco, and the Philippines.

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