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 $70.70, above its previous 52-week high of $70.67 with 276,595 shares traded as of 12:20 p.m. ET. Average volume has been 729,500 shares over the past 30 days.

Fiserv has a market cap of $9.52 billion and is part of the services sector and diversified services industry. Shares are up 19.3% 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 21.2 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, solid stock price performance, growth in earnings per share, increase in net income and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Fiserv Ratings Report.

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