For the readers interested in the stock health of Fluor Corporation (FLR). It is currently valued at $19.14. When the transactions were called off in the previous session, Stock hit the highs of $19.30, after setting-off with the price of $18.60. Company’s stock value dipped to $18.02 during the trading on the day. When the trading was stopped its value was $18.93.
Recently in News on May 14, 2021, Fluor Announces Pricing of Upsized Convertible Preferred Stock Offering. Fluor Corporation (NYSE: FLR) (the “Company” or “Fluor”) announced today that it has priced its previously announced private placement of 525,000 shares of a newly created series of convertible preferred stock, to be designated as Series A 6.50% Cumulative Perpetual Convertible Preferred Stock (the “Preferred Stock”). The Company has also increased the size of the offering to 525,000 shares from the previously announced 450,000 shares and has granted the initial purchasers of the Preferred Stock a 30-day option to purchase up to an additional 75,000 in shares of Preferred Stock. The Company intends to use the net proceeds from this offering to redeem or repay outstanding indebtedness and for general corporate purposes. The offering is expected to close on May 18, 2021, subject to customary closing conditions. You can read further details here
Fluor Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $25.08 on 05/12/21, with the lowest value was $15.60 for the same time period, recorded on 01/04/21.
Fluor Corporation (FLR) full year performance was 121.02%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Fluor Corporation shares are logging -23.68% during the 52-week period from high price, and 157.60% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $7.43 and $25.08.
The company’s shares, operating in the sector of Industrials managed to top a trading volume set approximately around 14580434 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Fluor Corporation (FLR) recorded performance in the market was 19.85%, having the revenues showcasing 6.63% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 2.68B, as it employees total of 43717 workers.
Market experts do have their say about Fluor Corporation (FLR)
During the last month, 1 analysts gave the Fluor Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 7 analysts were recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 20.15, with a change in the price was noted +2.77. In a similar fashion, Fluor Corporation posted a movement of +16.92% for the period of last 100 days, recording 2,513,943 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for FLR is recording 1.71 at the time of this writing. In addition, long term Debt to Equity ratio is set at 1.71.
Technical breakdown of Fluor Corporation (FLR)
Raw Stochastic average of Fluor Corporation in the period of last 50 days is set at 28.69%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 15.86%. In the last 20 days, the company’s Stochastic %K was 33.33% and its Stochastic %D was recorded 57.08%.
Bearing in mind the latest performance of Fluor Corporation, several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 19.85%. Additionally, trading for the stock in the period of the last six months notably improved by 43.16%, alongside a boost of 121.02% for the period of the last 12 months. The shares increased approximately by -22.45% in the 7-day charts and went down by -14.71% in the period of the last 30 days. Common stock shares were driven by 6.63% during last recorded quarter.