Fluor Corporation (FLR) has risen sharply, recording gains of 0.72% in the past 4 weeks. However, the stock has corrected -2.95% in the past 1 week, providing a good buying opportunity on dips. Fluor Corporation (FLR) : During the past 4 weeks, traders have been relatively bearish on Fluor Corporation (FLR), hence the stock is down -1.73% 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 -3.36% relative to the S&P 500.
Fluor Corporation (NYSE:FLR): The stock opened at $50.49 on Friday but the bulls could not build on the opening and the stock topped out at $52.04 for the day. The stock traded down to $50.09 during the day, due to lack of any buying support eventually closed down at $51.94 with a loss of -1.89% for the day. The stock had closed at $52.94 on the previous day. The total traded volume was 2,665,561 shares.
The stock has recorded a 20-day Moving Average of 2.02% and the 50-Day Moving Average is 0.19%. Fluor Corporation is up 0.69% in the last 3-month period. Year-to-Date the stock performance stands at 10.93%.
Fluor Corporation (FLR) : 11 investment research analysts covering Fluor Corporation (FLR) have an average price target of $54.73 for the near short term. The highest target price given by the Brokerage Firm to the stock is $61 and the lowest target is $46 for the short term. Analysts expect the variance to be within $4.92 of the average price.
Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services. It operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, Fluor serves the oil and gas production, processing, and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design, engineering, procurement, construction, operations and maintenance, and project management services. The Government segment is a provider of engineering, construction, logistics, and environmental and nuclear services, among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment, it provides a range of services to the gas-fueled and solid-fueled markets, among others.