Forum Energy Technologies, Inc. (FET) Forms $12.20 Double Bottom; IDORSIA AG REGISTERED SHARES SWITZERLAN (IDRSF) Shorts Lowered By 6.42%

June 21, 2018 - By Winifred Garcia

IDORSIA AG REGISTERED SHARES SWITZERLAN (OTCMKTS:IDRSF) had a decrease of 6.42% in short interest. IDRSF’s SI was 806,300 shares in June as released by FINRA. Its down 6.42% from 861,600 shares previously. With 2,400 avg volume, 336 days are for IDORSIA AG REGISTERED SHARES SWITZERLAN (OTCMKTS:IDRSF)’s short sellers to cover IDRSF’s short positions. It closed at $25.98 lastly. It is down 0.00% since June 21, 2017 and is . It has underperformed by 12.57% the S&P500.

Forum Energy Technologies, Inc. (FET) formed double bottom with $11.35 target or 7.00% below today’s $12.20 share price. Forum Energy Technologies, Inc. (FET) has $1.32B valuation. The stock decreased 3.56% or $0.45 during the last trading session, reaching $12.2. About 1.19 million shares traded or 17.03% up from the average. Forum Energy Technologies, Inc. (NYSE:FET) has declined 13.31% since June 21, 2017 and is downtrending. It has underperformed by 25.88% the S&P500. Some Historical FET News: ; 09/05/2018 – Mesirow Financial Investment MGT Exits Position in Forum Energy; 14/05/2018 – Bulldog Adds MTech Acquisition Corp., Exits Forum Energy: 13F; 30/04/2018 – Fidelity Select Energy Service Adds Forum Energy; 30/04/2018 – Forum Energy Technologies 1Q EPS 25c; 14/05/2018 – BULLDOG EXITED FET, IEA, OACQF, LAZY, ELEC IN 1Q: 13F; 14/05/2018 – T Rowe Price Associates Exits Position in Forum Energy; 16/05/2018 – Forum Energy May Benefit, Industry Posts 16th Straight Gain; 07/03/2018 – S&PGR Revises Forum Energy Outlook To Stable; Ratings Affirmed; 20/03/2018 – ClinicalTrial US: Administration of Vaginal and Rectal Progesterone During FET Cycles; 11/05/2018 – Loomis Sayles & Company LP Exits Position in Forum Energy

Among 23 analysts covering Forum Energy Technologies (NYSE:FET), 5 have Buy rating, 0 Sell and 18 Hold. Therefore 22% are positive. Forum Energy Technologies had 73 analyst reports since July 28, 2015 according to SRatingsIntel. The stock has “Buy” rating by Jefferies on Tuesday, February 13. Citigroup maintained Forum Energy Technologies, Inc. (NYSE:FET) on Wednesday, July 13 with “Neutral” rating. The rating was downgraded by Guggenheim on Tuesday, June 27 to “Neutral”. The firm has “Equal-Weight” rating given on Tuesday, April 19 by Morgan Stanley. The stock has “Hold” rating by Jefferies on Wednesday, July 5. As per Thursday, August 24, the company rating was downgraded by Credit Suisse. The firm earned “Outperform” rating on Monday, July 18 by Credit Suisse. The rating was maintained by Jefferies with “Hold” on Monday, July 11. FBR Capital maintained Forum Energy Technologies, Inc. (NYSE:FET) rating on Thursday, February 16. FBR Capital has “Mkt Perform” rating and $18 target. The stock of Forum Energy Technologies, Inc. (NYSE:FET) earned “Neutral” rating by Citigroup on Friday, March 18.

Analysts await Forum Energy Technologies, Inc. (NYSE:FET) to report earnings on July, 26. They expect $-0.02 EPS, up 80.00% or $0.08 from last year’s $-0.1 per share. After $-0.07 actual EPS reported by Forum Energy Technologies, Inc. for the previous quarter, Wall Street now forecasts -71.43% EPS growth.

Investors sentiment increased to 1.2 in 2018 Q1. Its up 0.15, from 1.05 in 2017Q4. It is positive, as 15 investors sold Forum Energy Technologies, Inc. shares while 41 reduced holdings. 27 funds opened positions while 40 raised stakes. 94.45 million shares or 0.86% less from 95.28 million shares in 2017Q4 were reported. Deutsche National Bank Ag, a Germany-based fund reported 101,206 shares. Cramer Rosenthal Mcglynn Ltd Liability Corporation has invested 0.17% in Forum Energy Technologies, Inc. (NYSE:FET). Jones Collombin Inv Counsel Inc reported 198 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 3,382 shares. Palisade Capital Management Llc Nj has invested 0.25% in Forum Energy Technologies, Inc. (NYSE:FET). Moreover, Envestnet Asset Mngmt Inc has 0% invested in Forum Energy Technologies, Inc. (NYSE:FET). Lombard Odier Asset Management (Usa) owns 0.32% invested in Forum Energy Technologies, Inc. (NYSE:FET) for 400,000 shares. Hillman holds 7.91% or 2.36 million shares. Ameritas Invest Ptnrs stated it has 0% of its portfolio in Forum Energy Technologies, Inc. (NYSE:FET). Ubs Asset Mgmt Americas holds 52,796 shares. Sei stated it has 10,651 shares or 0% of all its holdings. Sterling Cap Mngmt Limited Liability invested 0.01% in Forum Energy Technologies, Inc. (NYSE:FET). Tcw Group Inc accumulated 89,063 shares or 0.01% of the stock. Balyasny Asset Management Ltd Company owns 453,730 shares. Earnest Prns Limited Company reported 319,408 shares.

Forum Energy Technologies, Inc. (NYSE:FET) Institutional Positions Chart

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