Fiserv Stock Hits New 52-Week High (FISV)

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) -- Fiserv (Nasdaq: FISV) hit a new 52-week high Thursday as it is currently trading at $73.31, above its previous 52-week high of $73.27 with 240,433 shares traded as of 10:55 a.m. ET. Average volume has been 620,700 shares over the past 30 days.

Fiserv has a market cap of $9.78 billion and is part of the services sector and diversified services industry. Shares are up 23.7% year to date as of the close of trading on Wednesday.

Fiserv, Inc. and its subsidiaries provide various financial services technology solutions. The company has a P/E ratio of 17.7, below the average diversified services industry P/E ratio of 18 and equal to the S&P 500 P/E ratio of 17.7.

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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, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. 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 Fiserv Ratings Report.

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