Shares of Visa (NYSE:V) Sees Large Outflow of Money

Visa (NYSE:V) traded on a positive note gaining 0.01 points or 0.02% to be valued at $77.35 per share. Intraday, the shares aggregated $60.3 million in upticks but saw an exodus of $62.57 million in downticks. The net money flow was calculated to be $(-2.26) million with the final up/down ratio coming in at 0.96. The share price has seen a change of 0.47% in value during the week. Block trade of up/down ratio of 0 was also registered with $0 million in upticks and $5.82 million in downticks. The net money flow for the block exchange was disappointing at $(-5.82) Million.


The stock has recorded a 20-day Moving Average of 2.39% and the 50-Day Moving Average is 1.75%. The company shares have rallied 11.41% in the past 52 Weeks. On April 19, 2016 The shares registered one year high of $81.73 and one year low was seen on August 24, 2015 at $60. The 50-day moving average is $78.52 and the 200 day moving average is recorded at $75.9. S&P 500 has rallied 1.93% during the last 52-weeks.

Visa (NYSE:V): The stock opened at $77.81 on Tuesday but the bulls could not build on the opening and the stock topped out at $78.01 for the day. The stock traded down to $77.15 during the day, due to lack of any buying support eventually closed down at $77.33 with a loss of -0.01% for the day. The stock had closed at $77.34 on the previous day. The total traded volume was 9,200,991 shares.

Currently the company Insiders own 0.17% of Visa shares according to the proxy statements. Institutional Investors own 82.04% of Visa shares. On the companys insider trading activities, Richey Ellen, officer (VICE CHAIR RISK & PUB POLICY) of Visa Inc., unloaded 18,736 shares at an average price of $73.87 on March 3, 2016. The total amount of the transaction was worth $1,384,028, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Visa Inc. is a payments technology company. The Company is engaged in operating a processing network, VisaNet, which facilitates authorization, clearing and settlement of payment transactions across the world. The Company provides its services to consumers, businesses, financial institutions and governments in more than 200 countries and territories for electronic payments. The Company offers fraud protection for account holders and rapid payment for merchants. The Company provides a variety of payment solutions that support payment products that issuers can offer to their account holders, such as pay now with debit, pay ahead with prepaid or pay later with credit products. The Company offers a suite of digital, eCommerce and mobile products and services.

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