In yesterday’s Wall Street session, Fidelis Insurance Holdings Ltd (NYSE:FIHL) shares traded at $16.63, down -0.42% from the previous session.
FIHL stock price is now -10.65% away from the 50-day moving average and -7.08% away from the 200-day moving average. The market capitalization of the company currently stands at $1.94B.
With the price target reduced from $21 to $16, Goldman Downgraded its rating from Neutral to Sell for Fidelis Insurance Holdings Ltd (NYSE: FIHL). On September 17, 2024, Goldman recently initiated its ‘Neutral’ rating on the stock quoting a target price of $18.50, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Crestview Partners IV GP, L.P., Director bought 4,974 shares of the company’s stock on Sep 13 ’24. The stock was bought for $86,398 at an average price of $17.37. An SEC document containing details of the transaction can be found on the SEC’s website. On Sep 13 ’24, Director Crestview Partners III GP, L.P bought 194 shares of the business’s stock. A total of $3,370 was incurred on buying the stock at an average price of $17.37. A total of 62.41% of the company’s stock is owned by insiders.
During the past 12 months, Fidelis Insurance Holdings Ltd has had a low of $12.20 and a high of $21.32. The fifty day moving average price for FIHL is $18.6122 and a two-hundred day moving average price translates $17.89805 for the stock.
The latest earnings results from Fidelis Insurance Holdings Ltd (NYSE: FIHL) was released for 2024-09-30. The net profit margin was 20.20% and return on equity was 19.99% for FIHL.
