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25.7% Return Seen to Date on SmarTrend Forum Energy Tec Call (FET)

By James Quinn

SmarTrend identified an Uptrend for Forum Energy Tec (NYSE:FET) on April 18th, 2018 at $12.45. In approximately 4 weeks, Forum Energy Tec has returned 25.70% as of today's recent price of $15.65.

In the past 52 weeks, shares of Forum Energy Tec have traded between a low of $10.05 and a high of $26.25 and are now at $15.65, which is 56% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 4.2%.

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 shifts in the trajectory of Forum Energy Tec shares.

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