Frank's International (FI) Is Strong On High Volume Today

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Frank's International ( FI) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Frank's International as such a stock due to the following factors:

  • FI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $14.8 million.
  • FI has traded 106,340 shares today.
  • FI is trading at 6.41 times the normal volume for the stock at this time of day.
  • FI is trading at a new high 4.00% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

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More details on FI:

Frank's International N.V. provides various engineered tubular services for the oil and gas exploration and production companies in the United States and internationally. The stock currently has a dividend yield of 3.1%. FI has a PE ratio of 15.8. Currently there are 7 analysts that rate Frank's International a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Frank's International has been 557,900 shares per day over the past 30 days. Frank's International has a market cap of $2.9 billion and is part of the basic materials sector and energy industry. Shares are down 27.8% year-to-date as of the close of trading on Tuesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Frank's International as a sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself.

Highlights from the ratings report include:
  • FI's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 36.14%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Turning toward the future, the fact that the stock has come down in price over the past year should not necessarily be interpreted as a negative; it could be one of the factors that may help make the stock attractive down the road. Right now, however, we believe that it is too soon to buy.
  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500, but is less than that of the Energy Equipment & Services industry average. The net income increased by 16.0% when compared to the same quarter one year prior, going from $40.81 million to $47.35 million.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 14.6%. Since the same quarter one year prior, revenues slightly increased by 9.7%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • FI's debt-to-equity ratio is very low at 0.00 and is currently below that of the industry average, implying that there has been very successful management of debt levels.
  • Compared to other companies in the Energy Equipment & Services industry and the overall market on the basis of return on equity, FRANK'S INTL NV has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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