Large Inflow of Money Witnessed in Global Payments

Global Payments (NYSE:GPN) dropped by -0.29 or -0.22 points during the last session to $74.88 per share. One of the highlights of the day was the net money flow figure, which stood at $5.55 million even as the stock accepted $17.68 million in upticks but rejected $12.12 million in downticks. The up/down ratio for the last observation was a 1.46. The 1-week percentage change for the stock price is registered at 1.2%.A block transaction occurred with $5.17 million in upticks and $0 million in downticks while the up/down ratio was calculated to be 0. The stock witnessed a net inflow of $5.17 million at the end of the block trade.


The stock has recorded a 20-day Moving Average of 1.42% and the 50-Day Moving Average is 0.13%. The company shares have rallied 40.7% in the past 52 Weeks. On June 2, 2016 The shares registered one year high of $78.92 and one year low was seen on August 24, 2015 at $50.7. The 50-day moving average is $75.01 and the 200 day moving average is recorded at $66.49. S&P 500 has rallied 1.93% during the last 52-weeks.

Global Payments (NYSE:GPN): The stock opened at $75.22 on Tuesday but the bulls could not build on the opening and the stock topped out at $75.54 for the day. The stock traded down to $74.58 during the day, due to lack of any buying support eventually closed down at $74.88 with a loss of -0.29% for the day. The stock had closed at $75.10 on the previous day. The total traded volume was 967,269 shares.

Currently the company Insiders own 0.95% of Global Payments shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -4.97% . Institutional Investors own 84.11% of Global Payments shares. During last six month period, the net percent change held by insiders has seen a change of -11.33%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Jacobs William I, director of Global Payments Inc, had unloaded 600 shares at an average price of $73.71 in a transaction dated on June 13, 2016. The total value of the transaction was worth $44,226.

Global Payments Inc. is a provider of payment technology services. The Company provides payment and digital commerce solutions. The Company operates in two segments: North America merchant services and International merchant services. The Companys North America merchant services and International merchant services segments primarily provide payment solutions for credit cards, debit cards, electronic payments and check-related services. The Companys North America merchant services and International merchant services segments target customers in various industries, including financial services, gaming, government, healthcare, professional services, restaurants, retail, universities, not-for-profit organizations and utilities. The Company performs a series of services, including authorization, electronic draft capture, file transfers to facilitate funds settlement and certain exception-based, back office support services, such as chargeback and retrieval resolution.

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