Fidelity National Information Services (NYSE:FIS) : Traders are bullish on Fidelity National Information Services (NYSE:FIS) as it has outperformed the S&P 500 by a wide margin of 0.65% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.76%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.05% in the last 1 week, and is up 2.27% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have rallied 18.76% from its 1 Year high price. On Jul 8, 2016, the shares registered one year high at $76.18 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $73.75 and the 200 Day Moving Average price is recorded at $65.41.
The stock has recorded a 20-day Moving Average of 3.9% and the 50-Day Moving Average is 4.87%.
Fidelity National Information Services (NYSE:FIS): stock turned positive on Friday. Though the stock opened at $75.06, the bulls momentum made the stock top out at $76.18 level for the day. The stock recorded a low of $75 and closed the trading day at $76.03, in the green by 1.70%. The total traded volume for the day was 2,184,183. The stock had closed at $74.76 in the previous days trading.
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.