Hornbeck Offshore Services (HOS) : During the past 4 weeks, traders have been relatively bearish on Hornbeck Offshore Services (HOS), hence the stock is down -37.57% 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 -8.23% relative to the S&P 500. The 4-week change in the price of the stock is -36.93% and the stock has fallen -8.18% in the past 1 week.
The stock has recorded a 20-day Moving Average of 27.08% and the 50-Day Moving Average is 33.9%. Hornbeck Offshore Services (NYSE:HOS): On Fridays trading session , Opening price of the stock was $5.68 with an intraday high of $5.69. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $5.44. However, the stock managed to close at $5.5, a loss of 1.79% for the day. On the previous day, the stock had closed at $5.6. The total traded volume of the day was 1,212,409 shares.
The company Insiders own 6% of Hornbeck Offshore Services shares according to the proxy statements. Also, Equity Analysts at the Brokerage Firm, iBERIA Capital Partners, downgrades their rating on the shares of Hornbeck Offshore Services (NYSE:HOS). iBERIA Capital Partners has a Underperform rating on the shares. Previously, the analysts had a Sector Perform rating on the shares. The rating by the firm was issued on August 5, 2016.
Hornbeck Offshore Services, Inc. is a provider of marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on the provision of marine solutions to meet the needs of the deepwater and ultradeepwater energy industry in domestic and select foreign locations. The Company owns and operates a fleet of United States-flagged OSVs and MPSVs. These vessels support the deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry. The Company operates in three core geographic markets: the Gulf of Mexico (GoM), Mexico and Brazil. The Company has operated in the Middle East, the Mediterranean Sea, the Black Sea and the Caribbean basin, including Nicaragua, Guyana, Trinidad and Venezuela. The Company also operates a shore-base support facility located in Port Fourchon, Louisiana.