Halliburton Company (HAL) : During the past 4 weeks, traders have been relatively bearish on Halliburton Company (HAL), hence the stock is down -10.59% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.69% relative to the S&P 500. The 4-week change in the price of the stock is -12.4% and the stock has fallen -2.17% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.99% and the 50-Day Moving Average is 6.24%.The 200 Day SMA reached 6.79% Halliburton Company has dropped 6.57% during the last 3-month period . Year-to-Date the stock performance stands at 22.25%.
Halliburton Company (HAL) : 22 investment research analysts covering Halliburton Company (HAL) have an average price target of $50.36 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $38 for the short term. Analysts expect the variance to be within $6.19 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Halliburton Company (NYSE:HAL): stock was range-bound between the intraday low of $40.745 and the intraday high of $41.349 after having opened at $40.77 on Fridays session. The stock finally closed in the red at $40.77, a loss of -1.75%. The stock remained in the red for the whole trading day. The total traded volume was 9,673,245 shares. The stock failed to cross $41.349 in Fridays trading. The stocks closing price on Thursday was $41.77.
Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions, which form the basis for its two operating segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Companys Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. Production Enhancement services include stimulation services and sand control services. The Companys Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and precise wellbore placement solutions. The Company conducts its business in approximately 80 countries.