Federal Signal Corp (NYSE:FSS) shares, rose in value on Friday, March 07, with the stock price up by 1.21% to the previous day’s close as strong demand from buyers drove the stock to $80.59.
Actively observing the price movement in the last trading, the stock closed the session at $79.63. The PE ratio was 23.00 over 12-month period. Referring to stock’s 52-week performance, its high was $102.18, and the low was $76.85. On the whole, FSS has fluctuated by -17.53% over the past month.
With the market capitalization of Federal Signal Corp currently standing at about $4.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for in April. The company’s Forward Dividend Ratio is 0.48, with its dividend yield at 0.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 2.05B, with a low estimate of 454.5M and a high estimate of 482.6M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 462.63M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that FSS’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of FSS currently trading nearly -10.43% and -13.83% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 28.38, while the 7-day volatility ratio is showing 3.18% which for the 30-day chart, stands at 3.59%. Furthermore, Federal Signal Corp (FSS)’s beta value is 1.08, and its average true range (ATR) is 3.17.
A comparison of Federal Signal Corp (FSS) with its peers suggests the former has fared considerably weaker in the market. FSS showed an intraday change of 1.21% in last session, and over the past year, it grew by 1.43%%.
Data on historical trading for Federal Signal Corp (NYSE:FSS) indicates that the trading volumes over the past 3 months, they’ve averaged 431.89K. According to company’s latest data on outstanding shares, there are 61.10 million shares outstanding.
Nearly 2.52% of Federal Signal Corp’s shares belong to company insiders and institutional investors own 96.70% of the company’s shares. The stock has fallen by -12.77% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the FSS stock heading into the next quarter.
