Fidelity National Information Servcs Inc (FIS) stock is down 1.55% over the past week and gets a Bearish rating from InvestorsObserver Sentiment Indicator.
Fidelity National Information Servcs Inc has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on FIS!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With FIS Stock Today?
Fidelity National Information Servcs Inc (FIS) stock is trading at $55.25 as of 3:39 PM on Friday, Sep 29, a drop of -$0.57, or -1.02% from the previous closing price of $55.82. The stock has traded between $55.05 and $56.09 so far today. Volume today is 4,042,485 compared to average volume of 4,236,784.
More About Fidelity National Information Servcs Inc
Fidelity National Information Services' legacy operations provide core and payment processing services to banks, but its business has expanded over time. By acquiring Sungard in 2015, the company now provides record-keeping and other services to investment firms. With the acquisition of Worldpay in 2019, FIS now provides payment processing services for merchants and holds leading positions in the United States and United Kingdom. About a fourth of revenue is generated outside North America.
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