Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Fidelis Insurance Holdings Ltd’s current trading price is -27.95% away from its 52-week high, while its distance from the 52-week low is 18.70%. The stock’s price range during this period has varied between $12.94 and $21.32. The company, active in the Financial sector, saw a trading volume of around 2.34 million for the day, considerably higher average daily volume of 0.52 million observed over the last three months.
Fidelis Insurance Holdings Ltd had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $21.32 on 11/13/24, while the lowest price during the same period was $12.94 on 02/21/24.
How Financial Performance Impacts Market Capitalization
Fidelis Insurance Holdings Ltd (FIHL) has experienced a quarterly decline of -21.83% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.80B and boasts a workforce of 77 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.91, with a change in price of -3.47. Similarly, Fidelis Insurance Holdings Ltd recorded 485,218 in trading volume during the last 100 days, posting a change of -18.43%.
How FIHL’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for FIHL stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.19.
FIHL Stock Stochastic Average
As of today, the raw stochastic average of Fidelis Insurance Holdings Ltd over the last 50 days is at 15.41%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 32.95%. Further, the company’s Stochastic %K and %D values for the last 20 days were 38.71% and 32.01%, respectively.
FIHL Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -15.28%.However, over the last six months, we can see a stronger performance of -18.12%. Over the last 30 days, the price of FIHL has leaped by -7.19%. And in the last five days, it has fallen by -7.19%.
