Shares of FEI Company (FEIC) Sees Large Outflow of Money

FEI Company (FEIC) : Money flow in the FEI Company (FEIC) stock was negative (2.83 million) on Thursday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $2.81 million, compared to $5.64 million on downticks. The total uptick to downtick ratio was 0.5, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($1.74 million), indicating selling on the strength. Downtick transaction value in block trades amounted to $1.74 million, indicating persistent selling. FEI Company (FEIC) traded $0.05 higher at $106.85 gaining 0.05% over the previous days close.


FEI Company (FEIC) has been rated by 3 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $108 and the lowest price target forecast is $83. The average forecast of all the analysts is $93.5 and the expected standard deviation is $12.62. The stock has recorded a 20-day Moving Average of 0.68% and the 50-Day Moving Average is 9.01%.

FEI Company (NASDAQ:FEIC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $106.75 and $106.53 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $107.02. The buying momentum continued till the end and the stock did not give up its gains. It closed at $107.01, notching a gain of 0.20% for the day. The total traded volume was 270,518 . The stock had closed at $106.80 on the previous day.

FEI Company is a supplier of scientific instruments and related services for nanoscale applications and solutions for industry and science. The Company operates in two segments: Industry Group and Science Group. The Industry Group consists of customers in semiconductor integrated circuit manufacturing and related industries, such as manufacturers of data storage equipment and other technologies, as well as customers in the natural resources industries, including mining and oil and gas. The Science Group includes universities, public and private research laboratories and customers in a range of industries, including metals, automobiles, aerospace and forensics. The tools are used in a laboratory. Its products include transmission electron microscopes; scanning electron microscopes (SEM); DualBeamTM systems which combine a SEM and a focused ion beam system (FIB) on a single platform; stand-alone FIBs; optical microscopes, three-dimensional modelling software and service and components.

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