Fidelity National Financial Stock Hits New 52-Week High (FNF)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK ( TheStreet) -- Fidelity National Financial (NYSE: FNF) hit a new 52-week high Friday as it is currently trading at $19.71, above its previous 52-week high of $19.70 with 353,087 shares traded as of 11 a.m. ET. Average volume has been two million shares over the past 30 days.

Fidelity National Financial has a market cap of $4.32 billion and is part of the financial sector and insurance industry. Shares are up 23.2% year to date as of the close of trading on Thursday.

Fidelity National Financial, Inc., through its subsidiaries, provides title insurance, mortgage services, and diversified services in the United States. The company has a P/E ratio of 11.4, above the average insurance industry P/E ratio of 9.2 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Fidelity National Financial as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in stock price during the past year, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full Fidelity National Financial Ratings Report.

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