Overall market sentiment has been high on FTS International Inc (FTSI) stock lately. FTSI receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
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.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With FTSI Stock Today?
FTS International Inc (FTSI) stock has fallen -9.51% while the S&P 500 has gained 0.8% as of 11:24 AM on Friday, Oct 9. FTSI has fallen -$0.43 from the previous closing price of $4.52 on volume of 316,420 shares. Over the past year the S&P 500 has gained 18.07% while FTSI has fallen -89.24%. FTSI lost -$5.52 per share in the over the last 12 months.
To see the top 5 stocks in the Oil & Gas Equipment & Services industry click here.
More About FTS International Inc
FTS International Inc is operates in the energy sector of United States. It caters to the oil and gas industry as one of the largest providers of hydraulic fracturing services in North America. The objective of hydraulic fracturing is to enhance hydrocarbon flow in oil and natural gas wells, thereby increasing the amount of hydrocarbons recovered. The company also has significant maintenance and repair capabilities, and it manufactures replacement parts to support its operations and enhance its asset utilization.
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