Before Investing In Fidelis Insurance Holdings Ltd. (NYSE:FIHL), Here Are Some Things To Consider

Fidelis Insurance Holdings Ltd. (NYSE:FIHL) shares traded -0.06% lower at $15.95 on Wall Street last session.

FIHL stock price is now -10.34% away from the 50-day moving average and 5.05% away from the 200-day moving average. The market capitalization of the company currently stands at $1.86B.

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With the price target reduced from $16.50 to $15, JP Morgan Downgraded its rating from Overweight to Neutral for Fidelis Insurance Holdings Ltd. (NYSE: FIHL). On July 27, 2023, JP Morgan recently initiated its ‘Overweight’ rating on the stock quoting a target price of $16.50, while ‘BMO Capital Markets’ rates the stock as ‘Market Perform’

A total of 66.31% of the company’s stock is owned by insiders.

During the past 12 months, Fidelis Insurance Holdings Ltd. has had a low of $11.55 and a high of $20.53. The fifty day moving average price for FIHL is $17.721 and a two-hundred day moving average price translates $15.19165 for the stock.

The latest earnings results from Fidelis Insurance Holdings Ltd. (NYSE: FIHL) was released for 2024-03-31. The net profit margin was 23.27% and return on equity was 21.76% for FIHL.

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