MasterCard Edges to Fresh Session Highs

MasterCard Inc. (MA) is higher on the session by 1.50%, trading at $258.80. The ticker, which keeps trading higher intraday as it elevates modestly above its recent momentum consolidation highs, broke out this morning to a fresh multi-month high over $257 per share.

Over the last four months, MA has gained over $60 p/sh, and more than 4% year-to-date. The stock currently trades at a trailing P/E of 19.66, a forward multiple of 15.72 and a P/E to Growth ratio of 0.90. More than 660,000 MA shares have already traded hands compared to a daily average of around 1.2 million shares.

In the past year, the stock has hit a 52-week low of $191.00 and 52-week high of $269.88. Day’s range: $252.55 – $260.44.

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About Ron Haruni 1065 Articles
Ron Haruni is the Co-Founder & Editor in Chief of Wall Street Pit.

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