Core Laboratories N.V. (CLB) Shares are Down -4.1%

Core Laboratories N.V. (CLB) : During the past 4 weeks, traders have been relatively bearish on Core Laboratories N.V. (CLB), hence the stock is down -8.17% 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 -4.69% relative to the S&P 500. The 4-week change in the price of the stock is -1.97% and the stock has fallen -4.1% in the past 1 week.

Core Laboratories N.V. (NYSE:CLB): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $118.34 and $115.60 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $118.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $118.72, notching a gain of 0.41% for the day. The total traded volume was 811,878 . The stock had closed at $118.24 on the previous day.


The stock has recorded a 20-day Moving Average of 2.32% and the 50-Day Moving Average is 2.34%. Core Laboratories NV has dropped 7.32% during the last 3-month period . Year-to-Date the stock performance stands at 10.79%.

Core Laboratories N.V. (Core Lab) is a provider of proprietary and patented reservoir description, production enhancement and reservoir management services to the oil and gas industry. These services and products are directed toward enabling its clients to improve reservoir performance and increase oil and gas recovery from their producing fields. The Company operates in three segments: Reservoir Description, Production Enhancement and Reservoir Management. The Company provides analytical and field services to characterize properties of crude oil and petroleum products to the oil and gas industry.

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