Fidelis Insurance Holdings Ltd. (FIHL)’s Day in Review: Closing at 18.38, Up by 2.51

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After finishing at $17.93 in the prior trading day, Fidelis Insurance Holdings Ltd. (NYSE: FIHL) closed at $18.38, up 2.51%. In other words, the price has increased by $2.51 from its previous closing price. On the day, 0.77 million shares were traded. FIHL stock price reached its highest trading level at $18.56 during the session, while it also had its lowest trading level at $17.78.

Ratios:

Our goal is to gain a better understanding of FIHL by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.20.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on January 08, 2024, Downgraded its rating to Neutral and sets its target price to $15 from $16.50 previously.

On July 27, 2023, JP Morgan started tracking the stock assigning a Overweight rating and target price of $16.50.

On July 25, 2023, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $15.BMO Capital Markets initiated its Market Perform rating on July 25, 2023, with a $15 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FIHL now has a Market Capitalization of 2154135808 and an Enterprise Value of 1989227776. As of this moment, Fidelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.50, and their Forward P/E ratio for the next fiscal year is 5.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 0.86. Its current Enterprise Value per Revenue stands at 0.964 whereas that against EBITDA is 4.487.

Stock Price History:

Over the past 52 weeks, FIHL has reached a high of $20.53, while it has fallen to a 52-week low of $11.55. The 50-Day Moving Average of the stock is -2.04%, while the 200-Day Moving Average is calculated to be 23.74%.

Shares Statistics:

The stock has traded on average 711.60K shares per day over the past 3-months and 490030 shares per day over the last 10 days, according to various share statistics. A total of 117.91M shares are outstanding, with a floating share count of 40.16M. Insiders hold about 65.87% of the company’s shares, while institutions hold 39.14% stake in the company. Shares short for FIHL as of 1714435200 were 1657375 with a Short Ratio of 2.33, compared to 1711584000 on 1163073. Therefore, it implies a Short% of Shares Outstanding of 1657375 and a Short% of Float of 2.4500001.

Dividends & Splits

In the trailing 12 months, FIHL’s forward annual dividend rate was 0.1, compared to 0.10 this year. Against a Trailing Annual Dividend Yield of 0.005577245

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