FET Crosses Above Key Moving Average Level

In trading on Monday, shares of Forum Energy Technologies Inc (FET) crossed above their 200 day moving average of $27.37, changing hands as high as $27.52 per share. Forum Energy Technologies Inc shares are currently trading up about 2% on the day. The chart below shows the one year performance of FET shares, versus its 200 day moving average:

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Forum Energy Technologies Inc 200 Day Moving Average Chart

Looking at the chart above, FET's low point in its 52 week range is $21.03 per share, with $32.52 as the 52 week high point — that compares with a last trade of $27.47.

According to the ETF Finder at ETF Channel, FET makes up 1.71% of the SPDR S&P Oil & Gas Equipment & Services ETF ( XES) which is trading higher by about 0.5% on the day Monday.

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