KBR (KBR) Shares are Up 1.89%

KBR (KBR) : Traders are bullish on KBR (KBR) as it has outperformed the S&P 500 by a wide margin of 6.25% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.83%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.89% in the last 1 week, and is up 7.34% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 5.11% and the 50-Day Moving Average is 9.17%. KBR (NYSE:KBR): On Fridays trading session , Opening price of the stock was $15.82 with an intraday high of $15.89. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.585. However, the stock managed to close at $15.64, a loss of 0.57% for the day. On the previous day, the stock had closed at $15.73. The total traded volume of the day was 1,760,135 shares.


The company Insiders own 0.6% of KBR shares according to the proxy statements. Institutional Investors own 99.5% of KBR shares. Also, MKM Partners initiates coverage on KBR (NYSE:KBR). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on June 29, 2016.

KBR, Inc. is an engineering, procurement, construction and services company. The Company offers a portfolio of technology and consulting services; engineering, construction, procurement and asset maintenance services; and base operational, logistics, life support and asset management services. The Company operates in three business segments: Technology & Consulting (T&C), Engineering & Construction (E&C) and Government Services (GS). The T&C segment provides technologies and consulting services to the oil and gas value chain. The E&C provides engineering and engineering, procurement and construction services for the development, construction and commissioning of projects. The GS business segment focuses on service contracts particularly for the United Kingdom, Australian and United States Governments. It provides services to international and national oil and gas companies, independent refiners, manufacturers and domestic and foreign Governments, among others.

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