Investors bought on the news that NCR Corp. would be delivering a point-of-sale software solution on Apple’s iOS-powered mobile devices, pushing shares of NCR stock up nearly six percent over five days of trading last week.
NCR shares reached a high of $22.82 on Friday, just below the company’s 52-week high price of $23.91.
Heartland Payment Systems enjoyed an even larger boost to its stock price last week; a positive report from analysts at KBW pushed HPY shares to a price just above $30, up more than 10 percent on the week. Ingenico stock also enjoyed strong gains, ending the week up more than four percent, to $38.32 a share.
The week’s hardest hit payment stock was that of MoneyGram. Shares were down nearly 10 percent from their Monday open late Thursday, before rebounding on Friday to end the week just 6.71 percent down.
About the Bank Payment Indices
| |
Acquirer/
Processor |
Network |
POS Equipment/
Software |
Bank Payment |
Remittance |
Prepaid Issuer |
All Payments |
| Closing |
124.79 |
165.62 |
114.55 |
100.17 |
89.47 |
53.32 |
122.61 |
| Weekly Gain (#) |
3.95 |
0.71 |
3.49 |
1.47 |
0.02 |
1.59 |
1.43 |
| Weekly Gain (%) |
3.27% |
0.43% |
3.14% |
1.48% |
0.02% |
3.07% |
1.18% |
