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23.3% Return Seen to Date on SmarTrend Forum Energy Tec Call (FET)

By Nick Russo

SmarTrend identified a Downtrend for Forum Energy Tec (NYSE:FET) on February 6th, 2018 at $15.54. In approximately 2 months, Forum Energy Tec has returned 23.26% as of today's recent price of $11.93.

Over the past year, Forum Energy Tec has traded in a range of $10.05 to $26.25 and is now at $11.93, 19% above that low. The 200-day and 50-day moving averages have moved 0.09% lower and 4.17% higher over the past week, respectively.

Forum Energy Technologies Inc. manufactured technologies and applied products to the energy industry. The Company designs, manufactures, and provides products and related services to the drilling and intervention sectors, as well as to the subsea services, and construction sectors.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Forum Energy Tec.

Log in and add Forum Energy Tec (FET) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights forum energy tec

Ticker(s): FET