Breaking A New 52 Week High, Visa Inc (NYSE:V) Finishes At $170.31

Visa Inc (NYSE:V)

June 11th, 2019

Amidst falling markets Visa Inc fell ($0.51) Tuesday, a 0.30% decline, closing at $170.31. Despite the drop in price it hit a new 52 week high of $172.18.

V was outperformed by the rest of the Information Technology sector which went up 0.02%.

Visa Inc is listed on the DOW index, and was one of 12 stocks that slumped today. Weighted by market cap, V represents about of the DOW.

Visa Inc is listed on the S&P 500 index, and was one of 263 stocks that dropped today. Weighted by market cap, V represents about 1.47% of the S&P 500.

Expectations from 38 analysts points to the possibility that Visa Inc might grow somewhat (5.24%), while Finbox has calculated (with low uncertainty) a fair value price of $153.00.

Market Sectors

The market sectors were mixed Tuesday with a majority of the sectors trending up. Consumer Staples saw the biggest increase of the day (0.41%), while the Industrials sector saw the biggest drop (-0.90%). Information Technology has seen the biggest year-to-date gain of 23.75%.

Industrials and Utilities saw turn-arounds from their five day positive performances with Industrials dropping -0.90%.

Sector Breakdown

  • Consumer Staples, up 0.41%.
  • Consumer Discretionary, up 0.33%.
  • Communication Services, up 0.29%.
  • Real Estate, up 0.18%.
  • Energy, up 0.12%.
  • Information Technology, up 0.02%.
  • Financials, stayed even 0.00%.
  • Materials, down -0.07%.
  • Healthcare, down -0.25%.
  • Utilities, down -0.69%.
  • Industrials, down -0.90%.

Visa Inc Info

Visa Inc. operates as a payments technology company worldwide. The company facilitates commerce through the transfer of value and information among consumers, merchants, financial institutions, businesses, strategic partners, and government entities. It operates VisaNet, a processing network that enables authorization, clearing, and settlement of payment transactions; and offers fraud protection for account holders and assured payment for merchants. In addition, the company offers card products, as well as value-added services. It provides its services under the Visa, Visa Electron, Interlink, V PAY, and PLUS brands. Visa Inc. was incorporated in 2007 and is headquartered in San Francisco, California.

All amounts in USD unless otherwise indicated

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