With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.56 million shares. The 52-week range on FWRG shows that it touched its highest point at $25.98 and its lowest point at $12.90 during that stretch. It currently has a 1-year price target of $24.18. Beta for the stock currently stands at 0.92.
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 FWRG was down-trending over the past week, with a drop of -5.33%, but this was down by -6.86% over a month. Three-month performance surged to 3.44% while six-month performance rose 14.54%. The stock lost -22.00% in the past year, while it has gained 5.00% so far this year. A look at the trailing 12-month EPS for FWRG yields 0.34 with Next year EPS estimates of 0.43. For the next quarter, that number is 0.01. This implies an EPS growth rate of -23.04% for this year and 34.90% for next year.
Float and Shares Shorts:
At present, 60.55 million FWRG shares are outstanding with a float of 40.32 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 FWRG since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 1 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 $0.35501 being high and $0.29584 being low. For FWRG, this leads to a yearly average estimate of $0.31556. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.1. The average estimate for the next quarter is thus $0.12.
Summary of Insider Activity:
Insiders traded FWRG stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
