Fidelity National Information Services, Inc (FIS) At $88.46 Offering A Unique Opportunity

Fidelity National Information Services, Inc (NYSE:FIS) currently has a daily average trading volume of 2.92M but it saw 3162808 shares traded in last market. With a market cap of 47.62B USD, the company’s current market price of $88.46 came falling about -0.47 while comparing to the previous closing price of $88.88. In past 52 weeks, the stock remained buoying in the range of price level as high as $91.98 and as low as $53.39. In the recent trading on the day, stock has struck highest price mark of $88.38 while lowest mark touched by it was $89.5663.

Taking a look at 20-day trading activity of Fidelity National Information Services, Inc (FIS) gives us an average price of $89.13, while its current price level is -3.83% below from 52-week high level whereas it is 65.69% 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 $86.54 while that of 200 days or SMA-200 reads an average of $76.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.78% during that period while stretching the period over a month that increases to 2.07%. 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 52.44 which implies that the stock is in neutral 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 2.05% up while it is -1.48% when we observe its performance for the past one month. Year-to-date it is 47.26% up and over the past year, the stock is showing an upside performance of 64.09%.

Currently, Fidelity National Information Services, Inc’s total number of outstanding shares is 583.00M. Company’s return on investment (ROI) stands at 2.81% and return on equity (ROE) at 3.15%. It has a price to earnings ratio (P/E ratio) of 65.78 while having a 15.48 of forward P/E ratio. Stock’s beta reads 1.06. Stock has a price to book (P/B) ratio of 2.90 while price to sale or P/S ratio amounts to 4.75. Its return on asset (ROA) is 1.30% on average.