FMC Technologies, Inc. s in-depth stock price analysis indicates that the stock price has dropped -7.3% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 13.19% . Looking at the past 52 week period, the stock price is up at 37.37% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of FMC Technologies, Inc. has a positive value of 29.86 compared to overall market. FMC Technologies, Inc. (NYSE:FTI) has tumbled 4.94% during the past week and has dropped 11.41% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 5.71%. FMC Technologies, Inc. (NYSE:FTI) has underperformed the index by 13% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
FMC Technologies, Inc. (NYSE:FTI) : On Friday heightened volatility was witnessed in FMC Technologies, Inc. (NYSE:FTI) which led to swings in the share price. The stock opened for trading at $31.19 and hit $31.78 on the upside , eventually ending the session at $31.76, with a gain of 1.63% or 0.51 points. The heightened volatility saw the trading volume jump to 5,283,703 shares. The 52-week high of the share price is $36.425 and the company has a market cap of $7,508 million. The 52-week low of the share price is at $23.8 .
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 Jefferies on Feb 6, 2017 to Hold, Price Target of the shares are set at $34.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.
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.
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.