Fiserv Stock Hits New 52-Week High (FISV)

NEW YORK ( TheStreet) -- Fiserv (Nasdaq: FISV) hit a new 52-week high Friday as it is currently trading at $65.88, above its previous 52-week high of $65.41 with 183,402 shares traded as of 9:45 a.m. ET. Average volume has been 949,400 shares over the past 30 days.

Fiserv has a market cap of $8.86 billion and is part of the services sector and diversified services industry. Shares are up 7.4% year to date as of the close of trading on Thursday.

Fiserv, Inc. and its subsidiaries provide various financial services technology solutions. The company has a P/E ratio of 20.4, below the average diversified services industry P/E ratio of 20.6 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Fiserv as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Fiserv Ratings Report.

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