In yesterday’s Wall Street session, Western Union Company (NYSE:WU) shares traded at $10.69, up 1.04% from the previous session.
WU stock price is now -2.49% away from the 50-day moving average and -12.07% away from the 200-day moving average. The market capitalization of the company currently stands at $3.61B.
Top 5 Artificial Intelligence Stocks to Buy for 2024
By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it.
According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."
Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"
Sponsored
On December 05, 2023, BMO Capital Markets recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $12, while ‘UBS’ rates the stock as ‘Neutral’
In other news, Murphy Timothy P., Director bought 10,000 shares of the company’s stock on Feb 26 ’24. The stock was bought for $128,499 at an average price of $12.85. Upon completion of the transaction, the Director now directly owns 56,205 shares in the company, valued at $0.6 million. A total of 0.42% of the company’s stock is owned by insiders.
During the past 12 months, Western Union Company has had a low of $10.39 and a high of $14.19. According to the stock market information, the enterprise value for the company is $5106949632, which is based on a 5.46 price-to-earnings ratio, a 1.35 price-to-earnings-growth ratio, and a beta of 0.88. The fifty day moving average price for WU is $10.9846 and a two-hundred day moving average price translates $12.1728 for the stock.
The latest earnings results from Western Union Company (NYSE: WU) was released for 2024-09-30. The net profit margin was 16.09% and return on equity was 106.69% for WU. The company reported revenue of $1.04 billion for the quarter, compared to $1.1 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.63 percent.
