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Forum Energy Technologies Inc is an oil & gas equipment & services business based in the US. Forum Energy Technologies shares (FET) are listed on the NYSE and all prices are listed in US Dollars. Forum Energy Technologies employs 1,400 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$23.85|
|52-week range||$6.80 - $28.50|
|50-day moving average||$20.64|
|200-day moving average||$21.20|
|Wall St. target price||$30.00|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-18.86|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-15)||1.88%|
|1 month (2021-09-22)||20.82%|
|3 months (2021-07-22)||13.36%|
|6 months (2021-04-22)||28.92%|
|1 year (2020-10-22)||4,360.45%|
|2 years (2019-10-22)||1,823.39%|
|3 years (2018-10-22)||159.24%|
|5 years (2016-10-21)||12.50%|
Valuing Forum Energy Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Forum Energy Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Forum Energy Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $24.5 million.
The EBITDA is a measure of a Forum Energy Technologies's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$468.5 million|
|Gross profit TTM||$-221,000|
|Return on assets TTM||-10.32%|
|Return on equity TTM||-26.34%|
|Market capitalisation||$131.7 million|
TTM: trailing 12 months
There are currently 371,523 Forum Energy Technologies shares held short by investors – that's known as Forum Energy Technologies's "short interest". This figure is 14.2% up from 325,206 last month.
There are a few different ways that this level of interest in shorting Forum Energy Technologies shares can be evaluated.
Forum Energy Technologies's "short interest ratio" (SIR) is the quantity of Forum Energy Technologies shares currently shorted divided by the average quantity of Forum Energy Technologies shares traded daily (recently around 27892.117117117). Forum Energy Technologies's SIR currently stands at 13.32. In other words for every 100,000 Forum Energy Technologies shares traded daily on the market, roughly 13320 shares are currently held short.
However Forum Energy Technologies's short interest can also be evaluated against the total number of Forum Energy Technologies shares, or, against the total number of tradable Forum Energy Technologies shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Forum Energy Technologies's short interest could be expressed as 0.07% of the outstanding shares (for every 100,000 Forum Energy Technologies shares in existence, roughly 70 shares are currently held short) or 0.0829% of the tradable shares (for every 100,000 tradable Forum Energy Technologies shares, roughly 83 shares are currently held short).
A SIR above 10% would generally be considered pretty high, pointing to a potentially pessimistic outlook for the share price and a discouraging interest in betting against Forum Energy Technologies.
Find out more about how you can short Forum Energy Technologies stock.
We're not expecting Forum Energy Technologies to pay a dividend over the next 12 months.
Forum Energy Technologies's shares were split on a 1:20 basis on 9 November 2020. So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Forum Energy Technologies shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Forum Energy Technologies shares which in turn could have impacted Forum Energy Technologies's share price.
Over the last 12 months, Forum Energy Technologies's shares have ranged in value from as little as $6.8 up to $28.5. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Forum Energy Technologies's is 4.0836. This would suggest that Forum Energy Technologies's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Forum Energy Technologies, Inc. designs, manufactures, and distributes products to the oil and natural gas industry in the United States and internationally. The company operates through three segments: Drilling & Downhole, Completions, and Production. The Drilling & Downhole segment designs, manufactures, and supplies products, and provides related services to the drilling, downhole, and subsea markets, as well as other markets, such as alternative energy, defense, and communications. This segment offers drilling technologies consisting of capital equipment and a line of products consumed in the drilling; downhole technologies, such as cementing and casing tools, and protection products for artificial lift equipment and cables; and subsea remotely operated vehicles and trenchers, specialty components and tools, and complementary subsea technical services. The Completions segment provides products and related services to the coiled tubing, stimulation, and intervention markets. This segment offers pressure pumping, hydraulic fracturing and flowback services markets, including hydraulic fracturing pumps, cooling systems, flow iron, wireline cable, and pressure control equipment, as well as related recertification and refurbishment services; and coiled tubing products, such as coiled tubing strings and line pipes.
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