Large Outflow of Money Witnessed in Halliburton Company

Shares of Halliburton Company (NYSE:HAL) advanced to $44.22. The price had gained 2.38% or 1.03 points intraday. The latest trading session witnessed $43.8 million in upticks and $61.44 million in downticks, resulting in net money flow of (-17.64) million. The up/down ratio for the day stood at 0.71. On a weekly scale, the price has seen a change of -0.36%. From the trading data available, it was disclosed that a block trade of negative money flow worth $(-17.99) million occurred during the day. $15.82 million in uptick and $33.81 million in downtick were the highlight of the block transaction which had an up/down ratio of 0.47.

Halliburton Company has dropped 0.61% in the last five trading days, however, the shares have posted positive gains of 9.97% in the last 4 weeks. Halliburton Company is up 22.03% in the last 3-month period. Year-to-Date the stock performance stands at 30.85%.

Currently the company Insiders own 0.46% of Halliburton Company shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.48% . Institutional Investors own 80.1% of Halliburton Company shares. During last six month period, the net percent change held by insiders has seen a change of -7.48%. . On the companys insider trading activities, Miller Jeffrey Allen, director officer (President) of Halliburton Co, unloaded 19,776 shares at an average price of $45 on June 7, 2016. The total amount of the transaction was worth $889,920, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

Halliburton Company (NYSE:HAL) rose 2.13% or 0.92 points on Friday and made its way into the gainers of the day. After trading began at $43.75 the stock was seen hitting $44.31 as a peak level and $43.39 as the lowest level. The stock ended up at $44.11. The daily volume was measured at 9,387,465 shares. The 52-week high of the share price is $46.69 and the 52-week low is $27.64. The company has a market cap of $37,902 million.

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.

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