Pre-Market Technical Recap on Credit Services Stocks -- Visa, Synchrony Financial, PayPal, and LendingClub
NEW YORK, June 12, 2017 /PRNewswire/ --
Credit Services companies originate, acquire, and service loans to individuals and corporations. They are generally structured as corporations and offer above-average dividend yields. This morning, DailyStockTracker.com presents for review: Visa Inc. (NYSE: V), Synchrony Financial (NYSE: SYF), PayPal Holdings Inc. (NASDAQ: PYPL), and LendingClub Corp. (NYSE: LC). Daily Stock Tracker provides great insights on these stocks free research reports at:
http://dailystocktracker.com/register/
Visa
Shares in San Francisco, California headquartered Visa Inc. ended Friday's session 1.59% lower at $94.56. A total volume of 16.88 million shares was traded, which was above their three months average volume of 7.80 million shares. The stock has advanced 2.50% in the last month, 5.38% over the previous three months, and 21.20% on an YTD basis. The Company's shares are trading 2.79% above their 50-day moving average and 11.08% above their 200-day moving average. Moreover, shares of Visa, which operates as a payments technology company worldwide, have a Relative Strength Index (RSI) of 55.56.
On June 07th, 2017, Visa announced that the Company has signed 13 new partners to participate in its token service provider program, as the payments industry shifts from plastic to digital and broader access to new standards, such as tokenization. The newest partners share a desire to advance digital- and device-based payments, and represent all major regions of the globe. Free research report on V is available at:
http://dailystocktracker.com/registration/?symbol=V
Synchrony Financial
Stamford, Connecticut headquartered Synchrony Financial's shares rose 0.10%, closing the day at $28.70. A total volume of 7.85 million shares was traded. The stock has advanced 3.39% in the last month. The Company's shares are trading 4.37% below their 50-day moving average. Additionally, shares of Synchrony Financial, which operates as a consumer financial services company in the US, have an RSI of 53.95.
On May 18th, 2017, Synchrony Financial announced that its Board of Directors intends to increase the quarterly cash dividend to $0.15 per share of common stock, commencing the third quarter of 2017, and has approved a share repurchase program of up to $1.64 billion through June 30th, 2018. The Company expects to make share repurchases from time to time subject to market conditions and other factors, including legal and regulatory restrictions and required approvals. The complimentary research report on SYF can be downloaded at:
http://dailystocktracker.com/registration/?symbol=SYF
PayPal
Last Friday, shares in San Jose, California headquartered PayPal Holdings Inc. declined 1.82%, closing the session at $53.40. The stock recorded a trading volume of 11.17 million shares, which was higher than its three months average volume of 7.18 million shares. The Company's shares have advanced 7.25% in the last one month, 24.21% over the previous three months, and 35.29% on an YTD basis. The stock is trading 12.32% above its 50-day moving average and 26.14% above its 200-day moving average. Furthermore, shares of PayPal, which operates as a technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide, have an RSI of 70.72.
On June 05th, 2017, PayPal Canada, a subsidiary of PayPal Holdings, and Canada Post announced a new, integrated payment and shipping solution for solopreneurs, small businesses, and casual sellers. This integration aims to make ecommerce more easily accessible for entrepreneurs and small businesses, including 83% of Canadian small- and mid-sized businesses that currently do not sell online.
On June 09th, 2017, research firm Citigroup reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $52 a share to $62 a share. Visit DailyStockTracker.com today and access our complete research report on PYPL at:
http://dailystocktracker.com/registration/?symbol=PYPL
LendingClub
San Francisco, California headquartered LendingClub Corp.'s stock finished the session 0.17% higher at $5.78 with a total trading volume of 3.69 million shares. The Company's shares have advanced 8.85% over the previous three months and 10.10% on YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.70% and 2.51%, respectively. Additionally, shares of LendingClub, which together with its subsidiaries, operates as an online marketplace that connects borrowers and investors in the US, have an RSI of 53.44.
On May 16th, 2017, LendingClub announced Steve Allocca as President. Mr. Allocca will lead the Company's efforts to deliver affordable credit to more people across an expanding range of product categories. His unique combination of executive leadership across a wide mix of consumer credit products and an entrepreneurial energy make him an ideal leader, as the Company returns to growth. Get free access to your research report on LC at:
http://dailystocktracker.com/registration/?symbol=LC
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
DST has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)- 331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA
Share this article