Fidelity National Information Services (NYSE:FIS) has tumbled 2.09% during the past week and has dropped 0.26% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.91%. Fidelity National Information Services (NYSE:FIS) has underperformed the index by 1.17% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Fidelity National Information Services (NYSE:FIS): The stock opened at $73.64 on Friday but the bulls could not build on the opening and the stock topped out at $73.64 for the day. The stock traded down to $72.47 during the day, due to lack of any buying support eventually closed down at $72.79 with a loss of -1.32% for the day. The stock had closed at $73.76 on the previous day. The total traded volume was 4,453,689 shares.
The company shares have rallied 12.70% from its 1 Year high price. On Jun 6, 2016, the shares registered one year high at $75.80 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $72.97 and the 200 Day Moving Average price is recorded at $64.30.
On the companys insider trading activities, The Securities and Exchange Commission has divulged that James Stephan A, director of Fidelity National Information Services, Inc., had unloaded 24,323 shares at an average price of $73.65 in a transaction dated on June 15, 2016. The total value of the transaction was worth $1,791,389.
Many analysts have stated their opinion on the company shares. Equity Analysts at the Sterne Agee CRT upgrades the rating on Fidelity National Information Services (NYSE:FIS). The brokerage firm has issued a Buy rating on the shares. The shares were previously rated Neutral. The rating by the firm was issued on May 11, 2016. Currently the company Insiders own 2.29% of Fidelity National Information Services shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -11.99% . Institutional Investors own 86.84% of Fidelity National Information Services shares. During last six month period, the net percent change held by insiders has seen a change of -25.31%.
Fidelity National Information Services, Inc. is a provider of banking and payments technology, consulting and outsourcing solutions. The Company operates through four segments: Financial Solutions Group provides services and software to satisfy the processing, technology, and outsourcing needs of its financial institution clients in North America. Payment Solutions Group provides services and software for the electronic funds transfer, card processing, item processing, bill payment, and government payments processing needs of its clients in North America. International Solutions Group offers banking applications, channel solutions, debit/credit/and prepaid card and merchant services, wealth management services, item processing and check risk management solutions to financial institutions, card issuers, commercial enterprises and government operations. Corporate and Other consists of the corporate overhead and costs of leveraged functions that are not allocated to operating segments.