Fidelis Insurance Holdings Ltd (NYSE: FIHL) is -8.94% lower on its value in year-to-date trading and has touched a low of $11.80 and a high of $21.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FIHL stock was last observed hovering at around $16.93 in the last trading session, with the day’s loss setting it -0.42%.
Currently trading at $16.51, the stock is -8.25% and -11.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing -2.48% at the moment leaves the stock -8.15% off its SMA200. FIHL registered 37.58% gain for a year compared to 6-month gain of -1.26%. The firm has a 50-day simple moving average (SMA 50) of $18.7252 and a 200-day simple moving average (SMA200) of $17.98615.
The stock witnessed a -16.32% loss in the last 1 month and extending the period to 3 months gives it a -4.01%, and is -8.94% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.02% over the week and 2.63% over the month.
Fidelis Insurance Holdings Ltd (FIHL) has around 77 employees, a market worth around $1.93B and $2.30B in sales. Current P/E ratio is 4.18 and Fwd P/E is 4.50. Profit margin for the company is 20.20%. Distance from 52-week low is 39.92% and -22.56% from its 52-week high. The company has generated returns on investments over the last 12 months (14.77%).
with sales reaching $669.02M over the same period.The EPS is expected to shrink by -14.31% this year, but quarterly earnings will post -34.12% year-over-year. Quarterly sales are estimated to grow 20.83% in year-over-year returns.
The shares outstanding are 111.73M, and float is at 43.94M with Short Float at 4.46%.
Fidelis Insurance Holdings Ltd (FIHL) Insider Activity
Still, SEC filings show that on Aug 28 ’24, Strickle Jonathan (Officer) Proposed Sale 4,580 shares at an average price of $18.65 for $85417.0. The insider now directly holds shares of Fidelis Insurance Holdings Ltd (FIHL).
