The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Fidelis Insurance Holdings Ltd (NYSE: FIHL) closed at $16.93 down -0.06% from its previous closing price of $16.94. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 0.53 million shares were traded. FIHL stock price reached its highest trading level at $17.16 during the session, while it also had its lowest trading level at $16.78.
Ratios:
For a deeper understanding of Fidelis Insurance Holdings Ltd’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.19.
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 this company, Goldman on September 17, 2024, initiated with a Neutral rating and assigned the stock a target price of $18.50.
On September 05, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $21.
On July 17, 2024, Evercore ISI started tracking the stock assigning a In-line rating and target price of $19.Evercore ISI initiated its In-line rating on July 17, 2024, with a $19 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 13 ’24 when Crestview Partners IV GP, L.P. bought 4,974 shares for $17.37 per share.
Crestview Partners III GP, L.P bought 194 shares of FIHL for $3,370 on Sep 13 ’24. On Aug 28 ’24, another insider, Strickle Jonathan, who serves as the Officer of the company, bought 4,580 shares for $18.65 each.
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 1891521152 and an Enterprise Value of 1458627328. As of this moment, Fidelis’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.29, and their Forward P/E ratio for the next fiscal year is 4.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 0.634 whereas that against EBITDA is 3.264.
Stock Price History:
Over the past 52 weeks, FIHL has reached a high of $21.32, while it has fallen to a 52-week low of $11.80. The 50-Day Moving Average of the stock is -9.59%, while the 200-Day Moving Average is calculated to be -5.87%.
Shares Statistics:
For the past three months, FIHL has traded an average of 464.12K shares per day and 454360 over the past ten days. A total of 111.73M shares are outstanding, with a floating share count of 43.94M. Insiders hold about 62.41% of the company’s shares, while institutions hold 36.04% stake in the company. Shares short for FIHL as of 1734048000 were 1957586 with a Short Ratio of 4.22, compared to 1731628800 on 1738710. Therefore, it implies a Short% of Shares Outstanding of 1957586 and a Short% of Float of 3.17.
