TechnipFMC plc (FTI) concluded trading on Wednesday at a closing price of $31.27, with 3.55 million shares of worth about $111.16 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 28.79% during that period and on December 04, 2024 the price saw a loss of about -0.79%. Currently the company’s common shares owned by public are about 425.40M shares, out of which, 420.89M shares are available for trading.
Stock saw a price change of 0.74% in past 5 days and over the past one month there was a price change of 18.49%. Year-to-date (YTD), FTI shares are showing a performance of 55.26% which increased to 52.83% 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 $31.76 during that period. The average intraday trading volume for TechnipFMC plc shares is 3.91 million. The stock is currently trading 5.30% above its 20-day simple moving average (SMA20), while that difference is up 12.60% for SMA50 and it goes to 19.61% higher than SMA200.
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TechnipFMC plc (NYSE: FTI) currently have 425.40M outstanding shares and institutions hold larger chunk of about 96.93% of that.
The stock has a current market capitalization of $13.30B and its 3Y-monthly beta is at 1.56. PE ratio of stock for trailing 12 months is 20.58, while it has posted earnings per share of $1.52 in the same period. Its PEG reads 1.03 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 1.94% while standing at 2.34% over the month.
Stock’s fiscal year EPS is expected to rise by 262.07% while it is estimated to increase by 23.73% 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.