Global Payments Inc. (GPN) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $68.79 to $72.19 in the past one-month time frame.
The company has seen nine positive revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Global Payments. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Global Payments currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the financial transaction services industry include Heartland Payment Systems, Inc. (HPY), Equifax Inc. (EFX) and Fiserv, Inc. (FISV). While Heartland Payment Systems sports a Zacks Rank #1 (Strong Buy), Equifax and Fiserv have a Zacks Rank #2 (Buy).
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