Shares of Halliburton Company (HAL) Sees Large Inflow of Net Money Flow

Halliburton Company (HAL) stock had a bullish inflow of $36.97 million worth of trades on uptick and an outflow of $35.13 million in downticks on Monday. The total uptick to downtick ratio stood at 1.05. The net money flow into the stock was $1.83 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $4.95 million. An inflow of $5.52 million block trade was recorded on downticks. $10.47 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 1.9 in favor of the bulls. However, Halliburton Company (HAL) stock traded down $0.01 , and reached $45.46, a drop of -0.01% over the previous day. On a weekly basis, the stock is 0.94%, over the previous weeks close.


Halliburton Company is up 17.47% in the last 3-month period. Year-to-Date the stock performance stands at 35.3%. Shares of Halliburton Company rose by 2.54% in the last five trading days and 5.6% for the last 4 weeks. 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 (NYSE:HAL): stock turned positive on Monday. Though the stock opened at $45.17, the bulls momentum made the stock top out at $45.61 level for the day. The stock recorded a low of $44.9 and closed the trading day at $45.61, in the green by 0.33%. The total traded volume for the day was 6,105,889. The stock had closed at $45.46 in the previous days trading.

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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