Franks International N.V. (FI) Shares are Down -0.77%

Franks International N.V. (FI) : During the past 4 weeks, traders have been relatively bearish on Franks International N.V. (FI), hence the stock is down -6.01% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.29% relative to the S&P 500. The 4-week change in the price of the stock is -7.91% and the stock has fallen -0.77% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.49% and the 50-Day Moving Average is 9.14%.The 200 Day SMA reached 19.58% Franks International N.V. has dropped 25.05% during the last 3-month period . Year-to-Date the stock performance stands at -28.41%.


Franks International N.V. (FI) : 11 Wall Street analysts covering Franks International N.V. (FI) believe that the average level the stock could reach for the short term is $13.86. The maximum price target given is $20 and the minimum target for short term is around $8, hence the standard deviation is calculated at $4.35.

Company shares have received an average consensus rating of Hold for the current week Franks International N.V. (NYSE:FI): The stock opened at $11.45 and touched an intraday high of $11.68 on Friday. During the day, the stock corrected to an intraday low of $11.35, however, the bulls stepped in and pushed the price higher to close in the green at $11.64 with a gain of 0.52% for the day. The total traded volume for the day was 1,076,893. The stock had closed at $11.64 in the previous trading session.

Franks International N.V. (FINV) is a provider of engineered tubular services to the exploration and production companies in both offshore and onshore environments. The Company operates through three business segments: International Services, U. S. Services and Tubular Sales. The International Services segment provides tubular services to exploration and production companies in international offshore markets and in several onshore international regions in approximately 60 countries on six continents. The U.S. Services segment provides tubular services in the active onshore oil and gas drilling regions in the United States, including the Permian Basin, Bakken Shale, Barnett Shale, Eagle Ford Shale, Haynesville Shale, Marcellus Shale and Utica Shale, as well as in the United States Gulf of Mexico. The Tubular Sales segment designs, manufactures and distributes outside diameter (OD) pipe, connectors and casing attachments.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.