Overall market sentiment has been down on Fidelity National Information Servcs Inc (FIS) stock lately. FIS receives a Bearish rating from InvestorsObserver Stock 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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With FIS Stock Today?
Fidelity National Information Servcs Inc (FIS) stock is trading at $79.32 as of 12:04 PM on Thursday, Sep 22, a loss of -$1.13, or -1.4% from the previous closing price of $80.45. The stock has traded between $79.04 and $80.66 so far today. Volume today is less active than usual. So far 1,594,666 shares have traded compared to average volume of 4,356,798 shares.
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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