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:

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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 07^th, 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:

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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 18^th, 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 30^th, 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 05^th, 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 09^th, 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:

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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 16^th, 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

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