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Franks International NV (NYSE:FI) has been downgraded to Underweight in a statement by Morgan Stanley earlier today.

Morgan Stanley has downgraded Franks International NV (NYSE:FI) to Underweight in a statement released on 6/21/2017.

Having a price of $8.01, Franks International NV (NYSE:FI) traded 1.20% higher on the day. With the last close down -10.66% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same period. Franks International NV has recorded a 50-day average of $6.93 and a two hundred day average of $8.50. Volume of trade was up over the average, with 1,835,262 shares of FI changing hands over the typical 1,436,430

Performance Chart

Franks International NV (NYSE:FI)

With a total market value of $0, Franks International NV has with a one year low of $6.04 and a one year high of $14.86 .

A total of 15 analysts have released a report on Franks International NV. Two analysts rating the company a strong buy, five analysts rating the company a buy, eleven analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $16.35.

More About Franks International NV (NYSE:FI)

Frank's International N.V. (FINV) is a provider of engineered tubular services, tubular fabrication and specialty well construction and well intervention solutions to the oil and gas industry. The Company operates through four business segments: International Services, U. S. Services, Tubular Sales and Blackhawk. As of December 31, 2016, the International Services segment provided tubular services in international offshore markets and in several onshore international regions in approximately 60 countries on six continents. The U.S. Services segment provides tubular services. The Blackhawk segment provides well construction and well intervention rental equipment, services and products, in addition to the cementing tool expertise, in the United States and Mexican Gulf of Mexico, onshore United States and other select international locations.

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