Visa Inc. (V) Closes 0.44% Down on the Day for January 11

Equities Staff  |

Shares of Visa Inc. (V) ended the trading day Friday at $138.06, representing a move of -0.44%, or $0.61 per share, on volume of 5.83 million shares.

Visa manages payment brands and an electronic global payment network that connects thousands of financial institutions in more than 200 countries. The network provides authorization, clearing, and settlement of electronic payment transactions. It uses a four-party model that includes card-issuing banks, merchant acquirers, and merchants (in addition to the network itself) within its payment ecosystem. The firm generates revenue by charging fees to its customers based on both the dollar volume of card activity and the number of transactions processed through the network. In addition to transaction processing services, Visa offers other payment-related products, including digital wallets, tokenization, and risk management services.

After opening the trading day at $137.75, shares of Visa Inc. traded between a range of $137.41 and $138.60. Visa Inc. currently has a total float of 2.27 billion shares and on average sees 11.88 million shares exchange hands each day.

The stock now has a 50-day SMA of $136.74 and 200-day SMA of $135.50, and it has a high of $151.56 and low of $111.02 over the last year. Its P/E ratio is 31.4 and its P/B ratio is 10.99.

Visa Inc. is based out of San Francisco, CA, and has 17,000 employees. The company’s CEO is Alfred F. Kelly.

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To get more information on Visa Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: V’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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