Global Payments Inc. (GPN) Rises 2.51%

Global Payments Inc. (GPN) Rises 2.51%

Global Payments Inc. is a Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants.

Among the biggest risers on the S&P 500 on Friday January 01 was Global Payments Inc. ($GPN), popping some 2.51% to a price of $215.42 a share with some 1.23 million shares trading hands.

Starting the day trading at $210.08, Global Payments Inc. reached an intraday high of $215.70 and hit intraday lows of $209.73. Shares gained $5.28 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 299.34 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $105.54 to $209.67.

Global Payments is a leading provider of payment processing and software solutions and focuses on serving small and midsize merchants. The company operates in 30 countries and generates about one fourth of its revenue from outside North America, primarily in Europe and Asia. Global Payments recently announced its intention to merge with Total System Services in an all-stock deal that will give Total System Services shareholders 48% of the combined company’s shares.

Global Payments Inc. has its corporate headquarters located in Atlanta, GA and employs 24,000 people. Its market cap has now risen to $64.48 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 2.32, and P/FCF n/a.

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