Halliburton Company (HAL) : During the past 4 weeks, traders have been relatively bearish on Halliburton Company (HAL), hence the stock is down -1.26% 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 -0.53% relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.95% in the last 1 week, and is up 3.06% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 2.39% and the 50-Day Moving Average is 6.09%.
Halliburton Company (NYSE:HAL): The stock opened at $45.97 on Friday but the bulls could not build on the opening and the stock topped out at $46.09 for the day. The stock traded down to $45.28 during the day, due to lack of any buying support eventually closed down at $45.46 with a loss of -0.76% for the day. The stock had closed at $45.81 on the previous day. The total traded volume was 5,704,884 shares.
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 80.05% of Halliburton Company shares. During last six month period, the net percent change held by insiders has seen a change of -7.48%. In a related news, The Securities and Exchange Commission has divulged that Miller Jeffrey Allen, director officer (President) of Halliburton Co, had unloaded 19,776 shares at an average price of $45 in a transaction dated on June 7, 2016. The total value of the transaction was worth $889,920.
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.