BHP Billiton plc (BBL) has risen sharply, recording gains of 1.67% in the past 4 weeks. However, the stock has corrected -0.15% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 0.63% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 3.98% and the 50-Day Moving Average is 6.5%. BHP Billiton plc (NYSE:BBL): On Fridays trading session , Opening price of the stock was $27.18 with an intraday high of $27.27. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $26.75. However, the stock managed to close at $26.84, a loss of 2.19% for the day. On the previous day, the stock had closed at $27.44. The total traded volume of the day was 1,172,642 shares.
Institutional Investors own 3.22% of BHP Billiton plc shares.
BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas. The Company operates through segments, including Petroleum and Potash, Copper, Iron Ore and Coal. The Companys Petroleum and Potash segment is engaged in exploration, development and production of oil and gas and potash pre-development. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal.