Shares of FMC Technologies (NYSE:FTI) Sees Large Outflow of Money

FMC Technologies (NYSE:FTI) had an volatile session and gained 0.16 points till last call. The price was at $27.59, gaining 0.58% till the last intraday data. The total uptick value was $9.17 million while the total downtick value was $19.02 million. The shares saw a net money flow of $(-9.85) million and the up/down ratio stood at 0.48. The stock has seen a change of of 2% for the week. The share had a block transaction during the course of trading in which the net money flow was $(-10.57) million. Almost $0 million were received in upticks and approximately $10.57 million were lost in downticks, thereby giving the up/down ratio of 0.


The stock has recorded a 20-day Moving Average of 1.39% and the 50-Day Moving Average is 1.76%. The company shares have dropped 35.05% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $42.79 and one year low was seen on February 11, 2016 at $22.3. The 50-day moving average is $27.71 and the 200 day moving average is recorded at $27.06. S&P 500 has rallied 1.93% during the last 52-weeks.

FMC Technologies (NYSE:FTI): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.35 and $27.03 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.59, notching a gain of 0.58% for the day. The total traded volume was 2,904,259 . The stock had closed at $27.43 on the previous day.

Currently the company Insiders own 0.86% of FMC Technologies shares according to the proxy statements. Institutional Investors own 90.92% of FMC Technologies shares. During last six month period, the net percent change held by insiders has seen a change of -3%. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Beitler Bradley D., officer (V.P., Technology) of Fmc Technologies Inc, had unloaded 2,836 shares at an average price of $24.64 in a transaction dated on February 18, 2016. The total value of the transaction was worth $69,879.

FMC Technologies, Inc. is a provider of technology solutions for the energy industry. The Companys segments include Subsea Technologies, Surface Technologies and Energy Infrastructure. Subsea Technologies designs and manufactures products and systems and provides services used by oil and gas companies involved in deepwater exploration and production of crude oil and natural gas. Surface Technologies designs and manufactures systems and provides services used by oil and gas companies involved in land and offshore exploration and production of crude oil and gas; designs, manufactures and supplies high pressure valves and fittings for oilfield service companies, and also provides flowback and wireline services for exploration companies. Energy Infrastructure manufactures and supplies liquid and gas measurement and transportation equipment and systems for the production, transportation and processing of crude oil, natural gas and petroleum-based refined products and the mining industry.

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