FMC Technologies Stock Jumps By 16% In The Last 5 Sessions

(VIANEWS) – Shares of FMC Technologies (NYSE: FTI) rose by a staggering 16.79% in 5 sessions from $13.21 to $15.43 at 12:09 EST on Wednesday, following the last session’s downward trend. NYSE is rising 0.21% to $15,461.75, after three sequential sessions in a row of losses.

FMC Technologies’s last close was $15.29, 2.11% under its 52-week high of $15.62.

About FMC Technologies

TechnipFMC plc engages in the oil and gas projects, technologies, and systems and services businesses in Europe, Central Asia, North and Latin America, the Asia Pacific, Africa, and the Middle East. The Subsea segment engages in the design, engineering, procurement, manufacturing, fabrication, installation, and life of field services for subsea systems, subsea field infrastructure, and subsea pipe systems used in oil and gas production and transportation. It provides subsea production and processing systems; subsea umbilicals, risers, and flowlines; vessels; and Subsea Studio for optimizing the development, execution, and operation of current and future subsea fields. This segment also offers well and asset services; research, engineering, manufacturing, and supply chain; and product management services. The Surface Technologies segment designs, manufactures, and services products and systems used in land and shallow water exploration and production of crude oil and natural gas. This segment offers drilling and completion systems; surface wellheads and production trees systems; iComplete, a digitally enabled pressure control system; fracturing tree and manifold systems; pressure pumping; well service pumps; well control, safety and integrity systems, multiphase meter modules, in-line separation and processing systems, and standard pumps; flowback and well testing services; skid systems; automation and digital systems; and flow measurement and automation solutions. It also offers planning, testing and installation, commissioning, operations, replacement and upgrade, maintenance, storage, preservation, intervention, integrity, decommissioning, and abandonment; and supplies flexible lines and flowline products and services. TechnipFMC plc has a strategic alliance with Talos Energy Inc. to develop and deliver technical and commercial solutions to Carbon Capture and Storage projects. The company was founded in 1884 and is based in Newcastle Upon Tyne, the United Kingdom.

Earnings Per Share

As for profitability, FMC Technologies has a trailing twelve months EPS of $0.74.

PE Ratio

FMC Technologies has a trailing twelve months price to earnings ratio of 20.77. Meaning, the purchaser of the share is investing $20.77 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -4.46%.

Moving Average

FMC Technologies’s value is way higher than its 50-day moving average of $12.91 and way above its 200-day moving average of $9.86.

Sales Growth

FMC Technologies’s sales growth is 9.1% for the present quarter and 9.9% for the next.

More news about FMC Technologies (FTI).

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