Four in a row: TSYS stock hits successive 52-week highs this week

It was a very solid run on the New York Stock Exchange this week for Columbus-based TSYS, with the company on Friday setting a 52-week high for the fourth day in a row.

The credit-card and payment processor closed out the week with a 65-cent gain to $76.58 per share. But the high for the past 12 months came earlier in the day when the stock touched $77.38 per share.

The Friday performance followed a 52-week high of $74.99 on Tuesday for TSYS, $75.20 on Wednesday and $76.56 on Thursday. The technology firm’s low for the year is $48.65, which came last Dec. 30.

The run-up by TSYS and other local stocks coincide, obviously, with an overall rising stock market in 2017, with the Dow Jones recently topping 24,000 points and continuing to hold ground above that level.

The stocks of other companies headquartered in Columbus also have fared nicely. Supplemental insurer Aflac reached $88.74 per share recently, and closed up 22 cents to $88.16 per share on Friday. Its 12-month low is $66.50 per share.

Regional banking firm Synovus Financial Corp. dipped 7 cents per share on Friday to close at $48.91. That’s not far off of the company’s high for the past year of $51.09. The low is $37.95 per share.

Synovus on Friday also said its board of directors have approved a quarterly cash dividend of 15-cents per share, payable Jan. 2 to those owning stock notes as of Dec. 21.

This story was originally published December 8, 2017 at 5:07 PM with the headline "Four in a row: TSYS stock hits successive 52-week highs this week."