Frank’s International N.V. (FI) in Focus: Stock Rises 6% – Tale of the Tape

March 31, 2015 Technicals 0

Zacks

Frank's International N.V. (FI) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $16.73 to $18.41 over the past one-month time frame.

The stock has witnessed two downward estimate revisions in the past 30 days. The Zacks Consensus Estimate has also moved down over same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher lasts.

Frank's International carries a Zacks Rank #5 (Strong Sell), while its Earnings ESP is 0.00%.

Investors interested in the oil & gas pipelines industry may consider VTTI Energy Partners LP (VTTI), sporting a Zacks Rank #1 (Strong Buy).

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