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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 2,300 staff and has a trailing 12-month revenue of around USD$735 million.
Since the stock market crash in March caused by coronavirus, Forum Energy Technologies's share price has had significant positive movement.
Its last market close was USD$11.11, which is 91.32% up on its pre-crash value of USD$0.9645 and 7,301.73% up on the lowest point reached during the March crash when the shares fell as low as USD$0.1501.
If you had bought USD$1,000 worth of Forum Energy Technologies shares at the start of February 2020, those shares would have been worth USD$148.73 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$10,099.99.
|Latest market close||USD$11.11|
|52-week range||USD$0.1501 - USD$2.01|
|50-day moving average||USD$0.5531|
|200-day moving average||USD$0.4686|
|Wall St. target price||USD$0.55|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$-3.733|
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 (2020-11-20)||-12.03%|
|1 month (2020-10-27)||2,061.90%|
|3 months (2020-08-27)||1,839.93%|
|6 months (2020-05-27)||3,272.80%|
|1 year (2019-11-27)||705.07%|
|2 years (2018-11-27)||53.45%|
|3 years (2017-11-27)||-17.09%|
|5 years (2015-11-27)||-25.88%|
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 USD$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||USD$735 million|
|Gross profit TTM||USD$244.9 million|
|Return on assets TTM||-3.14%|
|Return on equity TTM||-80.49%|
|Market capitalisation||USD$62.4 million|
TTM: trailing 12 months
There are currently 2.5 million Forum Energy Technologies shares held short by investors – that's known as Forum Energy Technologies's "short interest". This figure is 50.3% up from 1.6 million 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 1.0 million). Forum Energy Technologies's SIR currently stands at 2.43. In other words for every 100,000 Forum Energy Technologies shares traded daily on the market, roughly 2430 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 0.02% of the outstanding shares (for every 100,000 Forum Energy Technologies shares in existence, roughly 20 shares are currently held short) or 0.0292% of the tradable shares (for every 100,000 tradable Forum Energy Technologies shares, roughly 29 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet 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 27 July 2010.
Over the last 12 months, Forum Energy Technologies's shares have ranged in value from as little as $0.1501 up to $2.01. 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 4.1953. 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 provide related services to the drilling, downhole, and subsea markets, and 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 technologies, including robotic vehicles and other capital equipment, specialty components and tools, complementary subsea technical services and rental items, and products used in pipeline infrastructure. The Completions segment provides products and related services to the coiled tubing, stimulation, and intervention markets. This segment offers stimulation and intervention technologies, including hydraulic fracturing pumps, pump consumables, cooling systems, flow iron, wireline cable, and pressure control equipment as well as related recertification and refurbishment services; and coiled tubing products consisting of coiled tubing strings and line pipes. The Production segment designs, manufactures, and supplies products, and provides related equipment and services to the production and infrastructure markets. This segment supplies production equipment, including well site production and process equipment; and a range of industrial and process valves. The company was formerly known as Forum Oilfield Technologies, Inc. and changed its name to Forum Energy Technologies, Inc. in August 2010. Forum Energy Technologies, Inc. was incorporated in 2005 and is headquartered in Houston, Texas.
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