Thinking Of Investing In Fidelity National Information Services, Inc (NYSE: FIS) Stock? Here’s What You Need To Know

Fidelity National Information Services, Inc (NYSE:FIS) shares, rose in value, with the stock price up by 2.63% to the previous day’s close as strong demand from buyers drove the stock to $77.50.

Actively observing the price movement in the recent trading, the stock is buoying the session at $75.51. The PE ratio was 48.48 over 12-month period. Referring to stock’s 52-week performance, its high was $91.98, and the low was $66.51. On the whole, FIS has fluctuated by 13.73% over the past month.

With the market capitalization of Fidelity National Information Services, Inc currently standing at about $40.72 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 1.48, with its dividend yield at 1.91%.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FIS’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.

The stock’s technical analysis shows that the PEG ratio is about 5.11, with the price of FIS currently trading nearly 1.98% and 5.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 54.64, while the 7-day volatility ratio is showing 2.17% which for the 30-day chart, stands at 3.70%. Furthermore, Fidelity National Information Services, Inc (FIS)’s beta value is 1.09, and its average true range (ATR) is 2.40.

A comparison of Fidelity National Information Services, Inc (FIS) with its peers suggests the former has fared considerably weaker in the market. FIS showed an intraday change of 2.63% in today’s session so far, and over the past year, it grew by 10.00%%.

Data on historical trading for Fidelity National Information Services, Inc (NYSE:FIS) indicates that the trading volumes over the past 3 months, they’ve averaged 4.69 million. According to company’s latest data on outstanding shares, there are 526.00 million shares outstanding.

Nearly 0.14% of Fidelity National Information Services, Inc’s shares belong to company insiders and institutional investors own 97.56% of the company’s shares. The stock has fallen by -4.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FIS stock heading into the next quarter.

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