Western Union Company (The) (WU) Dips 2.88% for January 29

Equities Staff  |

Among the S&P 500’s biggest fallers on Friday January 29 was Western Union Company (The) (WU). The stock experienced a 2.88% decline to $22.27 with 5.58 million shares changing hands.

Western Union Company (The) started at an opening price of 22.78 and hit a high of $23.14 and a low of $22.24. Ultimately, the stock took a hit and finished the day at $0.66 per share. Western Union Company (The) trades an average of n/a shares a day out of a total 411.12 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Western Union Company (The) hit a high of $28.45 and a low of $17.39 over the last year.

Western Union provides domestic and international money transfers through its global network of about 500,000 outside agents. It is the largest money transfer company in the world and one of only two companies with a truly global agent network, with MoneyGram being the other.

With its headquarters located in Denver, CO, Western Union Company (The) employs 11,500 people. After today’s trading, the company’s market cap has fallen to $9.16 billion, a P/S of n/a, a P/B of 139.19, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on Western Union Company (The) and to follow the company’s latest updates, you can visit the company’s profile page here: WU’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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