|Bid||8.30 x 27000|
|Ask||8.52 x 1800|
|Day's range||8.35 - 8.55|
|52-week range||5.48 - 9.10|
|Beta (5Y monthly)||1.92|
|PE ratio (TTM)||N/A|
|Earnings date||27 Jul 2022|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||23 Mar 2020|
|1y target est||9.24|
Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?
After plunging 18.3% in June, shares of oil-field services stock TechnipFMC (NYSE: FTI) bounced back in July and rose 20.2%, according to data from S&P Global Market Intelligence. Booking $1.72 billion on the top line, TechnipFMC beat analysts' $1.4 billion revenue estimate for Q2 2022. Gaining a view of the promising things that lie ahead for the company also motivated investors to power their portfolios with the oil-field services stock.
TechnipFMC (FTI) is likely to provide the engineering, procurement, construction and installation of subsea risers and pipelines as part of this new contract in Guyana.