TechnipFMC plc (FTI) concluded trading on Wednesday at a closing price of $27.89, with 7.46 million shares of worth about $208.08 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.54% during that period and on Wednesday the price saw a gain of about 0.14%. Currently the company’s common shares owned by public are about 425.40M shares, out of which, 420.88M shares are available for trading.
Stock saw a price change of -9.39% in past 5 days and over the past one month there was a price change of -8.47%. Year-to-date (YTD), FTI shares are showing a performance of -3.63% which increased to 29.54% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.28 but also hit the highest price of $33.45 during that period. The average intraday trading volume for TechnipFMC plc shares is 3.50 million. The stock is currently trading -7.89% below its 20-day simple moving average (SMA20), while that difference is down -8.78% for SMA50 and it goes to 0.39% higher than SMA200.
TechnipFMC plc (NYSE: FTI) currently have 425.40M outstanding shares and institutions hold larger chunk of about 96.79% of that.
The stock has a current market capitalization of $11.86B and its 3Y-monthly beta is at 1.58. PE ratio of stock for trailing 12 months is 18.35, while it has posted earnings per share of $1.52 in the same period. Its PEG reads 0.24 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 3.66% while standing at 2.80% over the month.
Stock’s fiscal year EPS is expected to rise by 267.36% while it is estimated to increase by 22.66% 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 Piper Sandler on December 19, 2024 offering an Overweight rating for the stock and assigned a target price of $39 to it. Coverage by Goldman stated TechnipFMC plc (FTI) stock as a Buy in their note to investors on December 13, 2024, suggesting a price target of $38 for the stock. On December 06, 2024, Jefferies Upgrade their recommendations, while on November 18, 2024, RBC Capital Mkts Initiated their ratings for the stock with a price target of $37. Stock get a Buy rating from HSBC Securities on October 29, 2024.
