Schlumberger N.V. (NYSE:SLB) managed to stay afloat and traded higher with an addition of 1.21 point or 1.59% at $77.55. The money flow data is a negative $(-67.85) million with $50.21 million in upticks and $118.06 million in downticks. The intraday up/down ratio came in at 0.43. The shares have seen -1.25% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $67.46, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-67.46) million.
Schlumberger Limited has dropped 1.31% in the last five trading days, however, the shares have posted positive gains of 6.6% in the last 4 weeks. Schlumberger Limited is up 6.09% in the last 3-month period. Year-to-Date the stock performance stands at 12.65%.
Currently the company Insiders own 0.36% of Schlumberger N.V. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.87% . Institutional Investors own 74.35% of Schlumberger N.V. shares. During last six month period, the net percent change held by insiders has seen a change of -8.47%. . On the companys insider trading activities, The director officer (Chief Executive Officer), of Schlumberger Ltd /Nv/, Kibsgaard Paal had unloaded 32,857 shares at $80 per share in a transaction on June 9, 2016. The total value of transaction was $2,628,560. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Schlumberger N.V. (NYSE:SLB) rose 1.52% or 1.16 points on Friday and made its way into the gainers of the day. After trading began at $76.88 the stock was seen hitting $77.79 as a peak level and $76.22 as the lowest level. The stock ended up at $77.5. The daily volume was measured at 6,583,912 shares. The 52-week high of the share price is $90.62 and the 52-week low is $59.6. The company has a market cap of $97,056 million.
Schlumberger N.V. is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. The Company operates in the oilfield service markets through three Groups, which include Reservoir Characterization Group, which consists of the principal technologies involved in finding and defining hydrocarbon resources; Drilling Group, which consists of the principal technologies involved in the drilling and positioning of oil and gas wells, and Production Group, which consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Well Intervention, Water Services and the Schlumberger Production Management field production projects.