FTS International (FTSI) Coverage Initiated at Barclays
Barclays initiated coverage on shares of FTS International (NYSE:FTSI) in a research note issued to investors on Tuesday, MarketBeat.com reports. The firm issued an overweight rating and a $30.00 price target on the stock.
FTS International (NYSE:FTSI) opened at $19.84 on Tuesday. FTS International has a 1 year low of $15.02 and a 1 year high of $21.52. The firm has a market cap of $2,160.00 and a PE ratio of -13.68.
In other FTS International news, CEO Michael J. Doss purchased 10,000 shares of FTS International stock in a transaction on Tuesday, February 6th. The shares were bought at an average price of $18.00 per share, with a total value of $180,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Chk Energy Holdings Inc sold 4,348,484 shares of the company’s stock in a transaction dated Tuesday, February 6th. The shares were sold at an average price of $16.97, for a total transaction of $73,793,773.48. The disclosure for this sale can be found here. Insiders have acquired 631,500 shares of company stock worth $11,367,000 over the last 90 days.
FTS International Company Profile
FTS International, Inc, is a provider of oil and natural gas well stimulation services, specializing in high-pressure hydraulic fracturing. The Company’s fleets consist of mobile hydraulic fracturing units and other auxiliary heavy equipment to perform fracturing services. The Company also manufactures many of the components used in its hydraulic fracturing units, including consumables, such as fluid-ends.
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