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Seaport Global Securities downgraded Franks International NV (NYSE:FI) to Sell in a statement released earlier today.

Yesterday Franks International NV (NYSE:FI) traded 1.20% higher at $8.01. Franks International NV’s 50-day average is $6.93 and its two hundred day average is $8.50. With the last stock price close down -10.66% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the same time. 1,835,262 shares of Franks International NV exchanged hands, up from an average trading volume of 1,436,430

Seaport Global Securities has downgraded Franks International NV (NYSE:FI) to Sell in a report released on 06/21/2017.

Performance Chart

Franks International NV (NYSE:FI)

With a total market value of $0, Franks International NV has 52 week low of $6.04 and a 52 week high of $14.86 .

In addition to Seaport Global Securities reporting its stock price target, a total of 15 brokers have issued a report on Franks International NV. The 12-month price target is $16.35 with two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, eleven equity analysts rating the company a hold, 0 firms rating the stock a underperform, and finally 0 brokerages rating the company a sell.

General Company Details For 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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