FTS International Inc (NYSE:FTSI) major shareholder Rrj Capital Master Fund I, L.P bought 560,000 shares of the business’s stock in a transaction on Friday, February 2nd. The shares were acquired at an average cost of $18.00 per share, for a total transaction of $10,080,000.00. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their transactions with the SEC.
Shares of FTS International Inc (FTSI) opened at $19.14 on Thursday. The firm has a market capitalization of $2,140.00 and a price-to-earnings ratio of -13.20. FTS International Inc has a 12 month low of $18.35 and a 12 month high of $21.52.
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About FTS International
FTS International, Inc, is a provider of oil and natural gas well stimulation services, specializing in high-pressure hydraulic fracturing. The Company’s fleets consist of mobile hydraulic fracturing units and other auxiliary heavy equipment to perform fracturing services. The Company also manufactures many of the components used in its hydraulic fracturing units, including consumables, such as fluid-ends.
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