Fuller, Smith & Turner (LON:FSTA) Share Price Crosses Below 200-Day Moving Average of $620.39

Fuller, Smith & Turner (FS&T) is a leading provider of engineering and construction services in the United States. The company operates through two segments: Engineering Services and Construction Services. The Engineering Services segment provides design, engineering, and project management services to clients in various industries, including power generation, oil and gas, water treatment, and transportation. The Construction Services segment provides general contracting, design-build, and construction management services to clients in the same industries as the Engineering Services segment.

On August 19, 2021, FS&T's share price closed at $587.46, which was below its 200-day moving average of $620.39. The 200-day moving average is a technical indicator that represents the average price of a security over the past 200 trading days. It is often used by investors and traders to identify trends in a security's price movement.

A share price crossing below its 200-day moving average can be seen as a bearish signal, indicating that the security may be experiencing a downturn in its price. However, it is important to note that this indicator alone does not necessarily predict future price movements and should be used in conjunction with other technical and fundamental analysis.

FS&T has faced several challenges in recent years, including increased competition in the engineering and construction industry, rising labor costs, and supply chain disruptions due to the COVID-19 pandemic. These factors have contributed to the company's share price decline and may continue to impact its performance in the future.