Schlumberger N.V. (SLB) Shares are Down -1.59%

Schlumberger N.V. (SLB) : During the past 4 weeks, traders have been relatively bearish on Schlumberger N.V. (SLB), hence the stock is down -6.48% 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 -2.11% relative to the S&P 500. The 4-week change in the price of the stock is -8.38% and the stock has fallen -1.59% in the past 1 week.

The stock has recorded a 20-day Moving Average of 4.02% and the 50-Day Moving Average is 4.15%.The 200 Day SMA reached 2.93% Schlumberger Limited has dropped 0.88% during the last 3-month period . Year-to-Date the stock performance stands at 11.65%.


Schlumberger N.V. (SLB) : Currently there are 18 street experts covering Schlumberger N.V. (SLB) stock. The most bullish and bearish price target for the stock is $110 and $74 respectively for the short term. The average price target of all the analysts comes to $93.5. The estimated standard deviation from the target is $9.22.

For the current week, the company shares have a recommendation consensus of Buy. Schlumberger N.V. (NYSE:SLB): stock was range-bound between the intraday low of $75.925 and the intraday high of $77.1 after having opened at $76.1 on Fridays session. The stock finally closed in the red at $76.1, a loss of -0.61%. The stock remained in the red for the whole trading day. The total traded volume was 7,243,193 shares. The stock failed to cross $77.1 in Fridays trading. The stocks closing price on Thursday was $76.33.

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.

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