Cardtronics (CATM) : Traders are bullish on Cardtronics (CATM) as it has outperformed the S&P 500 by a wide margin of 6.11% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.94%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.87% in the last 1 week, and is up 9.67% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 4.32% and the 50-Day Moving Average is 8.76%. Cardtronics plc is up 11.59% in the last 3-month period. Year-to-Date the stock performance stands at 30.73%.
Cardtronics (NASDAQ:CATM): On Fridays trading session , Opening price of the stock was $43.92 with an intraday high of $45.44. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $43.58. However, the stock managed to close at $43.99, a loss of 0.86% for the day. On the previous day, the stock had closed at $44.37. The total traded volume of the day was 886,374 shares.
Cardtronics, Inc. (Cardtronics) provides automated consumer financial services. The Company provides these services through its network of automated teller machines (ATMs) and multi-function financial services kiosks. The Companys operations consist of its U.S., Europe and Other International segments. Its U.S. segment includes the Companys operations in all 50 states, Puerto Rico and the U.S. Virgin Islands. Its Europe segment includes the Companys operations in the United Kingdom and Germany. The Companys Other International segment includes its operations in Mexico and Canada. Under the managed services arrangement, retailers, financial institutions, and ATM distributors rely on the Company to handle some or all of the operational aspects associated with operating and maintaining ATMs. The Company deploys and operates devices under three arrangements with its retail partners: Company-owned ATM placements, merchant-owned ATM placements and managed services.