The price of Fidelity National Information Services, Inc. (NYSE:FIS) shares last traded on Wall Street rose 0.50% to $78.48.
FIS stock price is now 3.41% away from the 50-day moving average and 16.04% away from the 200-day moving average. The market capitalization of the company currently stands at $42.82B.
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With the price target maintained at $79, Morgan Stanley recently Downgraded its rating from Overweight to Equal-Weight for Fidelity National Information Services, Inc. (NYSE: FIS). On April 11, 2024, Exane BNP Paribas Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $72, while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, Goldstein Jeffrey A, Director bought 719 shares of the company’s stock on Jul 15 ’24. The stock was bought for $55,226 at an average price of $76.81. Upon completion of the transaction, the Director now directly owns 9,771 shares in the company, valued at $0.77 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 15 ’24, Director Goldstein Jeffrey A bought 775 shares of the business’s stock. A total of $56,087 was incurred on buying the stock at an average price of $72.37. This leaves the insider owning 9,052 shares of the company worth $0.71 million. A total of 0.07% of the company’s stock is owned by insiders.
During the past 12 months, Fidelity National Information Services, Inc. has had a low of $46.91 and a high of $78.73. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 1.35, and a quick ratio of 1.35. The fifty day moving average price for FIS is $75.8944 and a two-hundred day moving average price translates $67.6323 for the stock.
The latest earnings results from Fidelity National Information Services, Inc. (NYSE: FIS) was released for 2024-06-30. The net profit margin was 0.62% and return on equity was 3.12% for FIS. The company reported revenue of $2.49 billion for the quarter, compared to $2.42 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.68 percent. For the current quarter, analysts expect FIS to generate $2.56B in revenue.
