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39.2% Return Seen to Date on SmarTrend Forum Energy Tec Call (FET)

By Amy Schwartz

SmarTrend identified a Downtrend for Forum Energy Tec (NYSE:FET) on June 8th, 2018 at $13.20. In approximately 5 months, Forum Energy Tec has returned 39.17% as of today's recent price of $8.03.

Forum Energy Tec share prices have moved between a 52-week high of $17.95 and the current low of $7.67 and are currently at $8.03 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 3.7% while the 200-day MA has slid 1.9%.

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