Overall market sentiment has been high on Franks International NV (FI) stock lately. FI receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Franks International NV has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FI!
What is Stock Sentiment? Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObservers Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
Whats Happening With FI Stock Today? Franks International NV (FI) stock is lower by -3.99% while the S&P 500 has risen 0.58% as of 11:16 AM on Monday, Aug 30. FI is lower by -$0.12 from the previous closing price of $3.01 on volume of 132,126 shares. Over the past year the S&P 500 is higher by 29.57% while FI has risen 25.11%. FI lost -$0.32 per share in the over the last 12 months. To screen for more stocks like Franks International NV click here.
More About Franks International NV Franks International is a leading provider of casing and tubular running services, an important part of the construction of oil and gas wells. The company has been a pioneer in developing the specialized tools necessary to install casing on complex deep-water wells. The company also manufacturers some tubular goods, such as casing connectors. Click Here to get the full Stock Report for Franks International NV stock.