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What should you know before buying stock in TechnipFMC plc (FTI)

TechnipFMC plc (NYSE: FTI) is 28.95% higher on its value in year-to-date trading and has touched a low of $17.06 and a high of $27.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FTI stock was last observed hovering at around $26.17 in the last trading session, with the day’s loss setting it -0.2%.

Currently trading at $25.97, the stock is 2.60% and 0.90% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.92 million and changing -0.76% at the moment leaves the stock 15.56% off its SMA200. FTI registered 51.52% gain for a year compared to 6-month gain of 30.96%.

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The stock witnessed a 6.57% loss in the last 1 month and extending the period to 3 months gives it a -2.44%, and is -1.10% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.85% over the week and 2.04% over the month.

TechnipFMC plc (FTI) has around 25027 employees, a market worth around $11.19B and $8.13B in sales. Current P/E ratio is 55.03 and Fwd P/E is 14.23. Profit margin for the company is 2.62%. Distance from 52-week low is 52.23% and -4.87% from its 52-week high. The company has generated returns on investments over the last 12 months (4.64%).

The EPS is expected to grow by 168.64% this year.

TechnipFMC plc (FTI) Top Institutional Holders

The shares outstanding are 432.90M, and float is at 426.41M with Short Float at 2.29%.

TechnipFMC plc (FTI) Insider Activity

The most recent transaction is an insider sale by Light David,the company’sSVP & Chief Accounting Officer. SEC filings show that Light David sold 5,928 shares of the company’s common stock on Jun 26 ’24 at a price of $25.81 per share for a total of $0.15 million. Following the sale, the insider now owns 11534.0 shares.

TechnipFMC plc disclosed in a document filed with the SEC on Mar 04 ’24 that Pferdehirt Douglas J. (Chair and CEO) sold a total of 1,371,235 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $21.85 per share for $29.96 million. Following the transaction, the insider now directly holds 2.69 million shares of the FTI stock.

Still, SEC filings show that on Mar 04 ’24, Rounce Justin (EVP & Chief Technology Officer) disposed off 329,469 shares at an average price of $21.87 for $7.21 million. The insider now directly holds 406,598 shares of TechnipFMC plc (FTI).

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