Fiserv (NASDAQ:FISV) Sets New 12-Month High – Time to Buy?

Fiserv, Inc. (NASDAQ:FISV) shares reached a new 52-week high on Monday . The stock traded as high as $222.19 and last traded at $218.51, with a volume of 2472598 shares traded. The stock had previously closed at $220.96.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on shares of Fiserv in a report on Sunday. They issued a “buy” rating on the stock.

Fiserv Price Performance

The company has a market capitalization of $137.25 billion, a price-to-earnings ratio of 58.30 and a beta of 0.86.

Fiserv Company Profile

Fiserv, Inc, together with its subsidiaries, provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel commerce solution; Clover, a cloud-based point-of-sale and business management platform; and Clover Connect, an independent software vendors platform.