TechnipFMC plc (NYSE:FTI) went down by -4.49% from its latest closing price compared to the recent 1-year high of $9.82. The company’s stock price has collected -15.62% of loss in the last five trading sessions.
Is It Worth Investing in TechnipFMC plc (NYSE :FTI) Right Now?
Plus, the 36-month beta value for FTI is at 1.85. Opinions of the stock are interesting as 14 analysts out of 22 who provided ratings for TechnipFMC plc declared the stock was a “buy,” while 2 rated the stock as “overweight,” 6 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $11.01, which is $4.36 above the current price. FTI currently public float of 445.63M and currently shorts hold a 3.89% ratio of that float. Today, the average trading volume of FTI was 9.44M shares.
FTI’s Market Performance
FTI stocks went down by -15.62% for the week, with a monthly drop of -12.13% and a quarterly performance of -9.73%, while its annual performance rate touched -24.60%. The volatility ratio for the week stands at 6.38% while the volatility levels for the past 30 days are set at 4.99% for TechnipFMC plc. The simple moving average for the period of the last 20 days is -17.11% for FTI stocks with a simple moving average of -7.87% for the last 200 days.
Analysts’ Opinion of FTI
Many brokerage firms have already submitted their reports for FTI stocks, with Societe Generale repeating the rating for FTI by listing it as a “Buy.” The predicted price for FTI in the upcoming period, according to Societe Generale is $10 based on the research report published on April 19th of the current year 2022.
BofA Securities, on the other hand, stated in their research note that they expect to see FTI reach a price target of $58. The rating they have provided for FTI stocks is “Neutral” according to the report published on March 04th, 2022.
FTI Trading at -15.36% from the 50-Day Moving Average
After a stumble in the market that brought FTI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.89% of loss for the given period.
Volatility was left at 4.99%, however, over the last 30 days, the volatility rate increased by 6.38%, as shares sank -14.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.60% lower at present.
During the last 5 trading sessions, FTI fell by -15.62%, which changed the moving average for the period of 200-days by +0.15% in comparison to the 20-day moving average, which settled at $7.90. In addition, TechnipFMC plc saw 11.32% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for FTI
Current profitability levels for the company are sitting at:
- +1.91 for the present operating margin
- +13.16 for the gross margin
The net margin for TechnipFMC plc stands at +1.36. Equity return is now at value -11.90, with -4.10 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.39.