FTI Consulting (NYSE:FCN) Sets New 1-Year Low - Should You Sell?

FTI Consulting, Inc. (NYSE:FCN - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $188.69 and last traded at $188.70, with a volume of 37864 shares. The stock had previously closed at $191.41.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded FTI Consulting from a "hold" rating to a "buy" rating in a report on Saturday, November 2nd.

FTI Consulting Price Performance

The company has a market cap of $6.82 billion, a PE ratio of 21.84 and a beta of 0.15. The business has a 50 day moving average of $193.86 and a 200 day moving average of $207.80.

Institutional Trading of FTI Consulting

Several institutional investors and hedge funds have recently bought and sold shares of FCN. Pacer Advisors Inc. lifted its stake in shares of FTI Consulting by 9,995.1% in the 4th quarter. Pacer Advisors Inc. now owns 518,687 shares of the business services provider's stock valued at $99,137,000 after purchasing an additional 513,549 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in FTI Consulting by 86.4% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,018,868 shares of the business services provider's stock worth $194,737,000 after purchasing an additional 472,245 shares in the last quarter. Black Creek Investment Management Inc. lifted its position in FTI Consulting by 166.1% during the fourth quarter. Black Creek Investment Management Inc. now owns 652,980 shares of the business services provider's stock valued at $124,804,000 after buying an additional 407,631 shares during the period. Mawer Investment Management Ltd. boosted its holdings in shares of FTI Consulting by 3.8% during the 4th quarter. Mawer Investment Management Ltd. now owns 4,065,609 shares of the business services provider's stock valued at $777,060,000 after buying an additional 149,276 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of FTI Consulting in the 4th quarter worth about $27,726,000. 99.36% of the stock is currently owned by hedge funds and other institutional investors.

FTI Consulting Company Profile

FTI Consulting, Inc provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.