Large Inflow of Money Detected in Fidelity National Information Services

Fidelity National Information Services (FIS) : Thursdays money flow data in Fidelity National Information Services (FIS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $36.79 million, whereas, $22.98 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.6, in favor of the bulls. The total money flow into the stock was $13.81 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $16.13 million. The total value of block trades done on upticks was $21.35 million. The value of bearish trades on downticks was only $5.22 million.The up/down ratio in the block trades was a healthy 4.09 in favor of the bulls, suggesting strong buying in the stock by large traders. Fidelity National Information Services (FIS) fell $0.25 and traded at $76.89, down -0.32% for the day, over previous days close. On a weekly basis, the shares are 1.13% over the previous weeks close.


The stock has recorded a 20-day Moving Average of 4.34% and the 50-Day Moving Average is 4.84%. Shares have rallied 18.47% from its 1 Year high price. On Jul 11, 2016, the shares registered one year high at $76.85 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $73.84 and the 200 Day Moving Average price is recorded at $65.60.

Fidelity National Information Services (NYSE:FIS): The stock opened at $77.54 on Thursday but the bulls could not build on the opening and the stock topped out at $77.75 for the day. The stock traded down to $76.85 during the day, due to lack of any buying support eventually closed down at $76.89 with a loss of -0.32% for the day. The stock had closed at $77.14 on the previous day. The total traded volume was 1,964,532 shares.

In an insider trading activity, The Securities and Exchange Commission has divulged that Stallings James B Jr, Director of Fidelity National Information Services, Inc., had unloaded 1,038 shares at an average price of $72.26 in a transaction dated on June 29, 2016. The total value of the transaction was worth $75,006.

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.

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