Alert: Major Price Advance (1/13/25)-Forum Energy Technologies Inc (NYSE: FET).

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Forum Energy Technologies Inc (NYSE: FET) stock enjoyed a major increase of 11.4% on 1/13/25. The shares closed at $18.60. Moreover, trading volume in this advance was unusually high at 157% of normal. The stock has been weak relative to the market over the last nine months but has risen 15.1% during the last week.

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Current PriceTarget Research Rating

Forum Energy Technologies has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Forum Energy Technologies has a good Appreciation Score of 72 but a poor Power Rating of 27, triggering the Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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