Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $177.50 short put and a strike $172.50 long put offers a potential 28.21% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $177.50 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $172.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Visa is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Visa is bullish.
The RSI indicator is at 71.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Visa
Edited Transcript of V earnings conference call or presentation 23-Jul-19 9:00pm GMT
Wed, 24 Jul 2019 03:34:18 +0000
Q3 2019 Visa Inc Earnings Call
Visa CFO cheers growth in emerging markets and new payment types as company tops expectations
Wed, 24 Jul 2019 01:21:00 +0000
Visa Inc. showed strength in its traditional card-processing business on Tuesday, while talking up big opportunities in new payment forms.
After Hours: DOJ Targets Tech Titans, Chipotle Beats on Earnings
Wed, 24 Jul 2019 01:18:00 +0000
The government gets serious about clamping down on big tech, and Chipotle and Visa both report better-than-expected quarters.
Visa Inc (V) Q3 2019 Earnings Call Transcript
Wed, 24 Jul 2019 00:24:03 +0000
V earnings call for the period ending June 30, 2019.
Visa Earnings: V Stock Dips, Q3 Sales Up 11%
Tue, 23 Jul 2019 21:54:13 +0000
Visa (NYSE:V) posted its quarterly earnings results late Tuesday, amassing a profit that was stronger than analysts expected on an adjusted basis, while sales surged more than 10% year-over-year, yet V stock dipped slightly when compared to the year-ago quarter.Source: Shutterstock The San Francisco, Calif.-based financial services business reported third-quarter earnings of $3.1 billion, or $1.37 per share, marking a 10.7% gain when compared to the $2.8 billion, or $1 per share, from the same period a year ago. On an adjusted basis, the business gained $1.37 per share, about 17 cents per share higher than the year-ago periodWall Street called for Visa to bring in adjusted earnings of $1.33 per share, according to a survey of analysts compiled by FactSet. The business added that its sales tallied up to $5.8 billion, 11.5% higher than the $5.2 billion from the same period a year ago.InvestorPlace – Stock Market News, Stock Advice & Trading TipsThe Wall Street guidance predicted the company would bring in sales of $5.7 billion, according to FactSet. Visa added that its payments volume surged 9% when compared to the year-ago period in a constant currency basis, while gross-border volume gained 7% on a constant-dollar basis.For the fiscal year, the company said it now sees revenue growth in the low double digits on a nominal-dollar basis.V stock slid about 0.5% today following these results. Shares had been gaining about 0.2% during regular trading hours. More From InvestorPlace * 10 Tech Stocks That Are Still Worth Your Time (And Money) * 7 Stocks Top Investors Are Buying Now * 10 Stocks to Buy From This Superstar Fund * 7 Defense Stocks to Buy to Fortify Your Portfolio The post Visa Earnings: V Stock Dips, Q3 Sales Up 11% appeared first on InvestorPlace.
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