FTS International Inc. (AMEX:FTSI) does about 201.01K shares in volume on a normal day but saw 3018553 shares change hands in Tuesday trading. The company now has a market cap of 25.68M USD. Its current market price is $4.36, marking an increase of 38.41% compared to the previous close of $3.15. The 52 week high reached by this stock is $71.60 whilst the lowest price level in 52 weeks is $1.01. The script in recent trading has seen the stock touch a high of $5.20 and a low of $3.17.
FTS International Inc. (FTSI) has a 20-day trading average at $5.88 and the current price is -93.91% off the 52-week high compared with 331.68% distance from its 52-week low. The 50-day simple moving average of the closing price is $6.70 and its 200-day simple moving average is $11.69. If we look at the stock’s price movements over the week, volatility stands at 75.04%, which decreases to 24.84% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 35.08 to suggest the stock is neutral.
3 analysts observing the FTS International Inc. (FTSI) stock have set the 12-month price targets for the company’s shares at between $5.00 and $8.00. The median price target is 45.5% away from the current levels at $8.00.
FactSet Research has provided data showing that 3 brokerages have issued ratings for the stock. 1 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 2 have advised that investors hold their positions. The consensus recommendation rating is Underweight and Wall Street’s advice is for investors to Hold the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 19, 2020 when Barclays downgraded the stock to “Underweight” and issued a price target of. Morgan Stanley also downgraded the stock to “Underweight” from Overweight on March 16, 2020 at a price target of.
The current price level is -27.06%, -35.79%, and -63.07% away from its SMA20, SMA50, and SMA200 respectively, with the FTSI price moving above the 50-day SMA on August 25. FTS International Inc. (FTSI) stock is down -25.21% over the week and -32.61% over the past month. Its price is -79.04% year-to-date and -91.35% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2020, with the company’s earnings per share (EPS) of -$7.47 above consensus estimates by $0.24. The company’s next earnings report is expected on 11/02/2020, with forecasts estimating quarterly EPS at -$6.67 and -$24.2 for whole year. FTSI’s earnings per share are forecast to shrink by -908.30% this year and 25.90% over next year. Expected sales for next quarter are $27.2 million, which analysts say will come at $241.9 million for the current fiscal year and next year at $201.03 million. In addition, estimates put the company’s current quarterly revenue at an average of $26.15 million.
Its 12-month price target is $8.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $5.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $8.00.
Outstanding shares total 5.38M with insiders holding 21.08% of the shares and institutional holders owning 72.39% of the company’s common stock. The company has a return on investment of -8.70% and return on equity of -362.60%. Price to sales ratio is 0.05.
Bridgeway Ultra Small Company Fun isn’t the only investment manager who changed stakes and is followed by Vanguard Total Stock Market Index, which sold off 0.0 shares to end up with 32,802 shares worth $0.19 million.