FTS International Inc (NYSE:FTSI)’s stock price traded down 7.7% on Monday . The stock traded as low as $0.95 and last traded at $0.96, 655,957 shares were traded during mid-day trading. An increase of 8% from the average session volume of 608,166 shares. The stock had previously closed at $1.04.

FTSI has been the topic of a number of analyst reports. Cowen cut shares of FTS International from an “outperform” rating to a “market perform” rating and set a $5.00 price objective on the stock. in a research note on Thursday, September 12th. Capital One Financial cut shares of FTS International from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, November 5th. Barclays dropped their price objective on shares of FTS International from $5.00 to $3.00 and set an “equal weight” rating on the stock in a research note on Monday, September 30th. Bank of America cut shares of FTS International from a “neutral” rating to an “underperform” rating in a research note on Tuesday, October 8th. Finally, ValuEngine cut shares of FTS International from a “hold” rating to a “sell” rating in a research note on Friday, November 1st. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the stock. FTS International has an average rating of “Hold” and an average price target of $5.56.

The business’s 50 day moving average is $1.38 and its 200-day moving average is $3.66. The stock has a market cap of $111.50 million, a price-to-earnings ratio of 0.41 and a beta of 1.42. The company has a debt-to-equity ratio of 10.19, a quick ratio of 2.81 and a current ratio of 3.22.

FTS International (NYSE:FTSI) last released its quarterly earnings results on Monday, November 4th. The company reported ($0.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.06). FTS International had a negative net margin of 3.79% and a positive return on equity of 49.11%. The company had revenue of $186.00 million during the quarter, compared to analyst estimates of $208.10 million. Sell-side analysts anticipate that FTS International Inc will post -0.22 EPS for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in FTS International by 6.3% in the 2nd quarter. Vanguard Group Inc. now owns 3,217,124 shares of the company’s stock valued at $17,951,000 after acquiring an additional 191,516 shares during the period. BlackRock Inc. raised its holdings in shares of FTS International by 6.0% during the 2nd quarter. BlackRock Inc. now owns 2,318,616 shares of the company’s stock worth $12,938,000 after acquiring an additional 131,915 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of FTS International by 20.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,207,850 shares of the company’s stock worth $12,674,000 after acquiring an additional 378,516 shares during the period. Bank of New York Mellon Corp raised its holdings in shares of FTS International by 3.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 804,914 shares of the company’s stock worth $4,492,000 after acquiring an additional 27,803 shares during the period. Finally, State Street Corp raised its holdings in shares of FTS International by 1.8% during the 3rd quarter. State Street Corp now owns 618,231 shares of the company’s stock worth $1,385,000 after acquiring an additional 10,856 shares during the period. 64.39% of the stock is currently owned by hedge funds and other institutional investors.

About FTS International (NYSE:FTSI)

FTS International, Inc provides hydraulic fracturing services in North America. Its services enhance hydrocarbon flow from oil and natural gas wells drilled by exploration and production companies (E&P), in shale and other unconventional resource formations. The company's wireline services primarily consist of setting plugs between hydraulic fracturing stages, creating perforations within hydraulic fracturing stages, and logging the characteristics of resource formations.

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