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TheStreet Wire

Fidelity National Information Services Stock Hits New 52-Week High (FIS)

By TheStreet Wire 02/18/11 - 11:44 AM EST

Find out if (FIS) is in Cramer's Portfolio.

NEW YORK (TheStreet) -- Fidelity National Information Services Inc (NYSE:FIS) hit a new 52-week high Friday as it traded at $32.07 compared with its previous 52-Week high of $32.05. Fidelity National Information Services is changing hands at $32.06 with 541,645 shares traded as of 11:21 a.m. ET. Average volume has been 1.4 million shares over the past 30 days. Fidelity National Information Services has a market cap of $9.5 billion and is part of the services sector and diversified services industry. Shares are up 15% year to date as of the close of trading on Thursday.

Fidelity National Information Services, Inc. provides banking and payments technology solutions, processing services, and information-based services. The company has a P/E ratio of 15.7, below the average diversified services industry P/E ratio of 27.4 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Fidelity National Information Services as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, good cash flow from operations and expanding profit margins. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full Fidelity National Information Services Ratings Report.

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