Euronet (EEFT) Rises 34% in 6 Months: More Room for Upside?

Shares of Euronet Worldwide, Inc. (EEFT) have gained 33.7% in the past six months compared with the industry’s 20.6% growth. The Finance sector and the S&P 500 composite index rose 19.2% and 20.4%, respectively, in the same time frame. With a market capitalization of $5 billion, the average volume of shares traded in the last three months was 0.3 million.Improved cross-border volumes, higher direct-to-consumer digital transactions, a growing ATM network, buyouts and solid cash reserves continue to drive Eur ...