Fidelity National Information Services Reaches New 52-Week High (FIS)
Fidelity National Information Services (NYSE:FIS) hit a new 52-week high Wednesday as it is currently trading at $44.14, above its previous 52-week high of $44.02 with 527,533 shares traded as of 12:06 p.m. ET. Average volume has been 2.3 million shares over the past 30 days.
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 Information Services (NYSE: FIS) hit a new 52-week high Wednesday as it is currently trading at $44.14, above its previous 52-week high of $44.02 with 527,533 shares traded as of 12:06 p.m. ET. Average volume has been 2.3 million shares over the past 30 days. Fidelity National Information Services has a market cap of $12.81 billion and is part of the technology sector and computer software & services industry. Shares are up 26.3% year to date as of the close of trading on Tuesday. Fidelity National Information Services, Inc. provides banking and payments technology solutions worldwide. The company offers financial institution core processing, card issuer, and transaction processing services, including the national electronic funds transfer network. The company has a P/E ratio of 21.8, above the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Fidelity National Information Services 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, solid stock price performance, impressive record of earnings per share growth and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. You can view the full Fidelity National Information Services Ratings Report. See all 52-week high stocks or get investment ideas from our investment research center. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100% See his top picks for 14-days FREE.