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Forum Energy Plc

Published : November 10th, 2014

Forum Energy (FET) in Focus: Stock Rises 5.4% in Session

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Keywords :   Oil |

Forum Energy (FET) in Focus: Stock Rises 5.4% in Session

Forum Energy Technologies, Inc. (FET) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up 17.47% since Oct 14.

This oil field machinery and equipment stock witnessed seven positive estimate revisions over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Forum Energy. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.

Forum Energy Technologies has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%

However, PowerSecure International, Inc. (POWR) is a better-ranked stock in the same industry with a Zacks Rank #2 (Buy). Two other stocks worth considering in the wider oils & energy sector include Chesapeake Granite Wash Trust (CHKR) and Cheniere Energy Partners LP (CQP). Both these stocks hold a Zacks Rank #2.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>





FORUM ENERGY TECH INC (FET): Free Stock Analysis Report

POWERSECURE INTERNATIONAL INC (POWR): Free Stock Analysis Report

CHESAPEAKE GRANITE WASH TRUST (CHKR): Free Stock Analysis Report

CHENIERE ENERGY PARTNERS LP (CQP): Free Stock Analysis Report


Zacks Investment Research
Read the rest of the article at finance.yahoo.com

Forum Energy Plc
CODE : FEP.L
ISIN : GB00B07C1T48
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Forum Energy is a producing company based in United kingdom.

Forum Energy is listed in United Kingdom and in United States of America. Its market capitalisation is GBX 533.3 millions as of today (US$ 837.0 millions, € 748.3 millions).

Its stock quote reached its highest recent level on March 12, 2010 at GBX 99.75, and its lowest recent point on June 23, 2015 at GBX 15.00.

Forum Energy has 35 550 000 shares outstanding.
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In the News and Medias of Forum Energy Plc
5/10/2019Forum Energy Metals inks $30m option with Rio on Janice Lake
Corporate news of Forum Energy Plc
10/22/2015Forum Energy misses Street 3Q forecasts
7/30/2015Weakness Seen in Forum Energy Technologies (FET) Estimates: ...
7/23/2015Forum Energy misses Street 2Q forecasts
4/23/2015Forum Energy beats 1Q profit forecasts
4/20/2015Share Price Movement, Possible Cancellation of Admission and...
3/3/2015Audited results for the year ended 31 December 2014
2/25/2015Audited results for the year ended 31 December 2014
2/12/2015Forum Energy misses Street 4Q forecasts
11/10/2014Forum Energy (FET) in Focus: Stock Rises 5.4% in Session
10/30/2014Trading Update
10/24/2014Forum Energy tops Street 3Q forecasts
3/21/2014Forum Energy (FET) Enters Overbought Territory
10/11/2007Forum Defines Drill Targets On Molly Zone, Key Lake Road Pro...
9/6/2007And Global Commence Airborne Geophysics On New Claims Acquir...
7/4/2007Commences Exploration On Key Lake Road Project
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