Ideas And Forecasts On Fidelity National Information Services, Inc. (NYSE: FIS)

Fidelity National Information Services, Inc. (NYSE:FIS) currently has a daily average trading volume of 2.78M but it saw 2190901 shares traded in last market. With a market cap of 49.28B USD, the company’s current market price of $90.33 came rising about 0.48 while comparing to the previous closing price of $89.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $91.14 and as low as $46.91. In the recent trading on the day, stock has struck highest price mark of $89.38 while lowest mark touched by it was $90.58.

Taking a look at 20-day trading activity of Fidelity National Information Services, Inc. (FIS) gives us an average price of $87.00, while its current price level is -0.89% below from 52-week high level whereas it is 92.56% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $84.05 while that of 200 days or SMA-200 reads an average of $74.46. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.38% during that period while stretching the period over a month that decreases to 1.30%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.59 which implies that the stock is in overbought territory.

Morgan Stanley downgraded its recommendation for the stock as a “Equal-Weight” from “Overweight” on July 22, 2024 while assigning a price target of $79. Exane BNP Paribas issued its recommendations for the stock as it downgraded the price target for the stock is $72.

Over the week, FIS’s stock price is moving 0.46% up while it is 9.74% when we observe its performance for the past one month. Year-to-date it is 50.37% up and over the past year, the stock is showing an upside performance of 78.87%.

Currently, Fidelity National Information Services, Inc.’s total number of outstanding shares is 583.00M. Company’s return on investment (ROI) stands at 0.22% and return on equity (ROE) at 3.12%. It has a price to earnings ratio (P/E ratio) of 684.84 while having a 16.00 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 2.91 while price to sale or P/S ratio amounts to 4.95. Its return on asset (ROA) is 1.32% on average.