FICO Stock Is A Hold

The FICO stock price fluctuated between $535.84 and $547.44 throughout the trading session with the volume trading being 171225 shares, which represented a positive variation when compared to the three months average volume of 166091 shares.

The share price of Fair Isaac Corporation (NYSE:FICO) dipped -2.34% to close Tuesday’s market session at $539.94, lower as compared to yesterday’s close which brings the market valuation of the company to $15.79B.

The 52-week high for the Fair Isaac Corporation’s shares is $553.97. That puts it -2.53% from that peak but still a fair gain since the share price dropped to a 52-week low of $380.00, while the S&P 500’s share price change was of 35%.

The company currently has a 60.13 P/E ratio and a price target of $554.49.

What does the trading volume tell us about the FICO stock?

During the last trading session, Fair Isaac Corporation (NYSE:FICO) has seen growth in its daily volume. The daily volume was of 166091, while in the last 10 days the average was 151.57k and last three months – 165.93k.
The increasing interest in the FICO stock from the investors is helping to drive the stock price up.

Growing short interest

The Fair Isaac Corporation’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 593.11k shares being shorted which translates into 3 of a short ratio for FICO, while in the previous month the shorted shares were 670.21k.

Fair Isaac Corporation (NYSE:FICO) financials

With a market cap of 15.79B, Fair Isaac Corporation holds a total cash of $144.66M that translates into $4.95 per share, while the total debt is of $940.65M.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 4.70%. The current revenue is of $1.31B that is $44.98 per share.
This is a great sign for a bright future.