Shares of FMC Technologies, Inc. (FTI) Sees Large Inflow of Net Money Flow

FMC Technologies, Inc. (FTI) traded negative at $33.35. On an intraday basis, the price dropped -0.27 points or -0.8%. The composite uptick value was $14.62 million while the combined downtick value was $9.56. The net money flow was $5.06 million while the up/down ratio was not very comforting at 1.53. The shares on a weekly note has seen a change in share price of -5.52%.According to the trading data, the shares saw a block trade with $6.62 million in upticks and $0.5 million in downticks. The up/down ratio for the block was calculated to be 13.14. The net money flow for the block trade was 6.12.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

TechnipFMC plc has lost 4.42% in the last five trading days and dropped 5.12% in the last 4 weeks. TechnipFMC plc is up 4.46% in the last 3-month period. Year-to-Date the stock performance stands at -5.12%. FMC Technologies, Inc. (NYSE:FTI) rose 0.27% or 0.09 points on Wednesday and made its way into the gainers of the day. After trading began at $33.69 the stock was seen hitting $33.91 as a peak level and $33.32 as the lowest level. The stock ended up at $33.71. The daily volume was measured at 4,302,104 shares. The 52-week high of the share price is $36.425 and the 52-week low is $23.8. The company has a market cap of $7,969 million.

Company has reported several Insider transactions to the SEC, on Aug 23, 2016, Sanjay Bhatia (VP, Corporate Development) sold 2,800 shares at 28.44 per share price.On Feb 22, 2016, Bradley D. Beitler (V.P., Technology) sold 2,836 shares at 24.64 per share price.On Jan 4, 2016, Maryann T. Mannen (EVP and CFO) sold 8,500 shares at 29.50 per share price.

FMC Technologies Last issued its quarterly earnings results on Oct 19, 2016. The company reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.12. Analyst had a consensus of $0.23. The company had revenue of $1091.20 million for the quarter, compared to analysts expectations of $1145.75 million. The companys revenue was down -29.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.61 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.FMC Technologies was Initiated by Barclays on Feb 1, 2017 to Equal Weight, Price Target of the shares are set at $38.FMC Technologies was Initiated by Credit Suisse to Outperform on Jan 25, 2017. FMC Technologies was Initiated by Goldman to Buy on Jan 24, 2017. FMC Technologies was Initiated by Bernstein to Underperform on Jan 17, 2017.

TechnipFMC plc provides oilfield services. It offers subsea, surface, onshore and offshore solutions for oil and gas projects. TechnipFMC plc, formerly known as FMC Technologies Inc., is headquartered in London, United Kingdom.


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