TechnipFMC plc (FTI) concluded trading on Thursday at a closing price of $30.02, with 3.35 million shares of worth about $100.61 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 17.31% during that period and on November 21, 2024 the price saw a gain of about 3.52%. Currently the company’s common shares owned by public are about 432.90M shares, out of which, 420.89M shares are available for trading.
Stock saw a price change of 5.37% in past 5 days and over the past one month there was a price change of 19.32%. Year-to-date (YTD), FTI shares are showing a performance of 49.06% which increased to 42.55% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $18.33 but also hit the highest price of $29.85 during that period. The average intraday trading volume for TechnipFMC plc shares is 3.72 million. The stock is currently trading 8.04% above its 20-day simple moving average (SMA20), while that difference is up 11.32% for SMA50 and it goes to 16.92% higher than SMA200.
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TechnipFMC plc (NYSE: FTI) currently have 432.90M outstanding shares and institutions hold larger chunk of about 96.93% of that.
The stock has a current market capitalization of $12.77B and its 3Y-monthly beta is at 1.55. PE ratio of stock for trailing 12 months is 19.75, while it has posted earnings per share of $1.52 in the same period. Its PEG reads 0.99 and has Quick Ratio of 0.87 while making debt-to-equity ratio of 0.60. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FTI, volatility over the week remained 2.47% while standing at 2.60% over the month.
Stock’s fiscal year EPS is expected to rise by 262.07% while it is estimated to increase by 23.74% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by RBC Capital Mkts on November 18, 2024 offering an Outperform rating for the stock and assigned a target price of $37 to it. Coverage by HSBC Securities stated TechnipFMC plc (FTI) stock as a Buy in their note to investors on October 29, 2024, suggesting a price target of $32 for the stock. On October 25, 2024, TD Cowen Reiterated their recommendations, while on February 23, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $28. Stock get a Hold rating from HSBC Securities on February 23, 2024.
