With 13.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 11.12 million shares. The 52-week range on FSM shows that it touched its highest point at $6.36 and its lowest point at $2.63 during that stretch. It currently has a 1-year price target of $5.76. Beta for the stock currently stands at 1.48.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FSM was down-trending over the past week, with a drop of -17.84%, but this was up by 2.08% over a month. Three-month performance dropped to -9.05% while six-month performance fell -9.24%. The stock gained 57.86% in the past year, while it has gained 3.03% so far this year. A look at the trailing 12-month EPS for FSM yields 0.07 with Next year EPS estimates of 0.78. For the next quarter, that number is 0.17. This implies an EPS growth rate of 139.11% for this year and 49.46% for next year.
Float and Shares Shorts:
At present, 313.33 million FSM shares are outstanding with a float of 309.59 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FSM since 4 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.55031 being high and $0.51344 being low. For FSM, this leads to a yearly average estimate of $0.52331. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.18. The average estimate for the next quarter is thus $0.18.
