Among the biggest risers on the S&P 500 on Friday November 22 was Alliance Data Systems Corporation ($ADS), popping some 3.07% to a price of $104.41 a share with some 920,195 shares trading hands.
Starting the day trading at $101.91, Alliance Data Systems Corporation reached an intraday high of $104.48 and hit intraday lows of $101.77. Shares gained $3.11 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 46.06 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 $99.20 to $203.84.
Alliance Data Systems was born of the 1996 combination of a J.C. Penney transaction-processing operation and The Limited’s credit card bank business. With headquarters in Plano, Texas, Alliance provides marketing, loyalty program, and private-label credit card services. The company is known for its large Air Miles loyalty program in Canada. The private-label services and credit group is financially the company’s most important operating segment.
Alliance Data Systems Corporation has its corporate headquarters located in Plano, TX and employs 20,000 people. Its market cap has now risen to $4.81 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 3.21, and P/FCF n/a.
The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional investors in gauging portfolio performance is the S&P 500.
The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.