Forum Energy Technologies, Inc. (NYSE:FET) last session’s volume of 1.36 million shares was higher than its average volume of 0.96 million shares. The stock, after opening at $16.4, hit $17.15 through the close by scoring 4.26%.Forum Energy Technologies, Inc. (FET) Analyst Opinion
Forum Energy Technologies, Inc. has a consensus outperform rating from 20 Wall Street analysts, and the number of shares currently sold short amount to at least 11.82% of shares outstanding. The stock spiked 7.19% last month and is down -22.05 this year. Wall Street is only getting more bullish on the stock, with 10 of analysts who cover FET having a buy-equivalent rating. Analysts have placed a $21.35 price target on Forum Energy Technologies, Inc., suggesting a 24.49% gain from recent close. It’s currently trading about -34.67% below its 52-week high.Forum Energy Technologies, Inc. Earnings Surprise
Forum Energy Technologies, Inc. (FET) surprised the stock market in its last reported earnings when it earned -$0.14 a piece versus the consensus-estimated -$0.15. Its revenue totaled $164.46 million up 11.8% from the previous quarter.
This stock (FET) is ahead of its 52-week low with 17.47%. Its last month’s stock price volatility remained 5.01% which for the week stands at 5.03%. The share price has moved forward from its 20 days moving average, trading at a distance of 2.48% and stays -1.76% away from its 50 days moving average. Over the last five days, shares have managed 1.18% gains and now is down -13.8% since hitting its 200-day moving average of $20.14. Forum Energy Technologies, Inc. (FET) has made its way to a 12-month gain of 1.78%.
Turning to Diana Containerships Inc. (NASDAQ:DCIX), its shares were trading at $0.38 a retreat of $-0.05, on the trading floor. The stock, after opening at $0.4515, touched a high of $0.4515 before paring much of its gains. So far, analysts are sticking with their bearish recommendations with the consensus call at 5. Diana Containerships Inc. has 0 buy ratings, 0 holds and 0 sells even after the stock tumbled -98.55% from its high of $26.17 to a $4.1 million market value through last close.Diana Containerships Inc. (NASDAQ:DCIX) Intraday Trading
The counter witnessed a trading volume of 0.13 million shares versus an average volume of 0.67 million shares during last trading session. Its last month’s stock price volatility remained 22.06% which for the week approaches 15.13%. The lowest price the stock reached in the last trading day was $0.3651 and compares with the $0.32 52-week low. The stock recovered 18.53% since its low point and has performed -86.36% year-to-date.