TechnipFMC plc (FTI) concluded trading on Wednesday at a closing price of $28.86, with 5.6 million shares of worth about $161.7 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 15.63% during that period and on Wednesday the price saw a gain of about 2.67%. Currently the company’s common shares owned by public are about 423.10M shares, out of which, 415.10M shares are available for trading.
Stock saw a price change of 9.40% in past 5 days and over the past one month there was a price change of -7.26%. Year-to-date (YTD), FTI shares are showing a performance of -0.28% which increased to 17.56% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.99 but also hit the highest price of $33.45 during that period. The average intraday trading volume for TechnipFMC plc shares is 4.11 million. The stock is currently trading 4.29% above its 20-day simple moving average (SMA20), while that difference is down -3.43% for SMA50 and it goes to 3.60% higher than SMA200.
TechnipFMC plc (NYSE: FTI) currently have 423.10M outstanding shares and institutions hold larger chunk of about 98.06% of that.
The stock has a current market capitalization of $12.14B and its 3Y-monthly beta is at 1.19. PE ratio of stock for trailing 12 months is 15.05, while it has posted earnings per share of $1.92 in the same period. Its PEG reads 0.96 and has Quick Ratio of 0.88 while making debt-to-equity ratio of 0.58. 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 3.24% while standing at 4.04% over the month.
Stock’s fiscal year EPS is expected to rise by 14.35% while it is estimated to increase by 20.48% 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.
