Mastercard Incorporated (NYSE:MA) does about 2.43M shares in volume on a normal day but saw 2338614 shares change hands in Tuesday’s trading. The company now has a market cap of 421.33B USD. Its current market price is $453.06, marking an increase of 0.82% compared to the previous close of $449.37. The 52 week high reached by this stock is $490.00 whilst the lowest price level in 52 weeks is $357.85.
Mastercard Incorporated (MA) has a 20-day trading average at $456.84 and the current price is -7.54% off the 52-week high compared with 26.61% distance from its 52-week low. The 50-day simple moving average of the closing price is $468.52 and its 200-day simple moving average is $426.98. If we look at the stock’s price movements over the week, volatility stands at 1.65%, which decreases to 1.54% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 43.49 to suggest the stock is neutral.
The consensus objective for the share price is $513.89, suggesting that the stock has a potential upside of 11.84% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 11, 2024 when TD Cowen initiated the stock to “Buy” and issued a price target of $545. Oppenheimer upgraded the stock to “Outperform” from Perform on January 11, 2024 at a price target of $510.
Mastercard Incorporated (MA) stock is up 0.41% over the week and -5.39% over the past month. Its price is 6.22% year-to-date and 17.78% over the past year.
To reach the target analysts have set, the stock logically needs to grow 11.84 percent from here.
The company has a return on investment of 56.99% and return on equity of 188.42%. The price to earnings ratio (P/E ratio) amounts to 36.01 while the forward price to earnings ratio is 27.28. The beta has a value of 1.10. Price to book ratio is 58.24 and price to sales ratio is 16.38.
