Fidelity National Information Services Inc. [FIS] Is Currently 1.20 below its 200 Period Moving Avg: What Does This Mean?

Fidelity National Information Services Inc. [NYSE: FIS] surged by $0.88 during the normal trading session on Friday and reaching a high of $75.00 during the day while it closed the day at $74.06. The company report on December 1, 2022 that FIS Challenges Nearly 200 Startups to Pitch their Boldest Ideas in First APAC Fintech Competition.


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Key facts:.

FIS has expanded its InnovateIN48 fintech competition to startup fintech companies in the APAC region for the first time.

Fidelity National Information Services Inc. stock has also gained 12.25% of its value over the past 7 days. However, FIS stock has declined by -17.68% in the 3 months of the year. Over the past six months meanwhile, it has lost -28.67% and lost -32.15% year-on date.

The market cap for FIS stock reached $43.42 billion, with 605.00 million shares outstanding and 587.96 million shares in the current float. Compared to the average trading volume of 6.64M shares, FIS reached a trading volume of 8740135 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Fidelity National Information Services Inc. [FIS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FIS shares is $87.45 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FIS stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wolfe Research have made an estimate for Fidelity National Information Services Inc. shares, keeping their opinion on the stock as Peer Perform, with their previous recommendation back on November 04, 2022. The new note on the price target was released on November 04, 2022, representing the official price target for Fidelity National Information Services Inc. stock. Previously, the target price had yet another drop from $125 to $90, while Atlantic Equities kept a Neutral rating on FIS stock. On September 19, 2022, analysts decreased their price target for FIS shares from 120 to 98.

The Average True Range (ATR) for Fidelity National Information Services Inc. is set at 2.98, with the Price to Sales ratio for FIS stock in the period of the last 12 months amounting to 3.00. The Price to Book ratio for the last quarter was 0.99. Price to Free Cash Flow for FIS in the course of the last twelve months was 17.56 with Quick ratio for the last quarter at 0.80.

FIS stock trade performance evaluation

Fidelity National Information Services Inc. [FIS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.25. With this latest performance, FIS shares dropped by -6.81% in over the last four-week period, additionally sinking by -28.67% over the last 6 months – not to mention a drop of -29.95% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FIS stock in for the last two-week period is set at 60.53, with the RSI for the last a single of trading hit 71.62, and the three-weeks RSI is set at 54.25 for Fidelity National Information Services Inc. [FIS]. The present Moving Average for the last 50 days of trading for this stock 72.55, while it was recorded at 70.58 for the last single week of trading, and 90.59 for the last 200 days.

Fidelity National Information Services Inc. [FIS]: An insightful look at the core fundamentals

Fidelity National Information Services Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.80.

Earnings per share (EPS) analysis for Fidelity National Information Services Inc. [FIS] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FIS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Fidelity National Information Services Inc. go to 4.27%.

Fidelity National Information Services Inc. [FIS]: Insider Ownership positions

There are presently around $40,384 million, or 93.50% of FIS stock, in the hands of institutional investors. The top three institutional holders of FIS stocks are: BLACKROCK INC. with ownership of 54,256,060, which is approximately -0.829% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 50,616,061 shares of the stock with an approximate value of $3.75 billion in FIS stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $2.06 billion in FIS stock with ownership of nearly 11.379% of the company’s market capitalization.

Positions in Fidelity National Information Services Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 458 institutional holders increased their position in Fidelity National Information Services Inc. [NYSE:FIS] by around 41,825,348 shares. Additionally, 546 investors decreased positions by around 52,269,052 shares, while 156 investors held positions by with 451,195,012 shares. The mentioned changes placed institutional holdings at 545,289,412 shares, according to the latest SEC report filing. FIS stock had 84 new institutional investments in for a total of 5,455,269 shares, while 129 institutional investors sold positions of 4,782,417 shares during the same period.

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