Halliburton Company (HAL) : During the past 4 weeks, traders have been relatively bearish on Halliburton Company (HAL), hence the stock is down -5.29% 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 -0.31% relative to the S&P 500. The stock has risen by 0.11% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.93% in the past 4 weeks.
Halliburton Company (NYSE:HAL): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $43.11 and $42.89 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $43.88. The buying momentum continued till the end and the stock did not give up its gains. It closed at $43.71, notching a gain of 1.67% for the day. The total traded volume was 6,442,744 . The stock had closed at $42.99 on the previous day.
The stock has recorded a 20-day Moving Average of 0.62% and the 50-Day Moving Average is 0.53%. Halliburton Company is up 11.3% in the last 3-month period. Year-to-Date the stock performance stands at 29.66%.
Halliburton Company (HAL) : 22 Wall Street analysts covering Halliburton Company (HAL) believe that the average level the stock could reach for the short term is $51.14. The maximum price target given is $60 and the minimum target for short term is around $39, hence the standard deviation is calculated at $5.61.
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.