Shares of Schlumberger N.V. (SLB) Sees Large Inflow of Net Money Flow

Schlumberger N.V. (SLB) : Wednesdays money flow indicated an uptick to downtick ratio was at 1.32. The total value of inflow transactions on upticks was $26.58 million, whereas, the total value of outflow trades on downticks was $20.18 million. The total money flow was $6.4 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $4.99 million. The total value of the trades done on upticks was $4.99 million. Schlumberger N.V. (SLB) was trading with a -0.01% change over previous days close. It fell $0.01 during the day and reached $75.32. The stock was -0.79% compared to the previous weeks close.

Schlumberger

Shares of Schlumberger Limited appreciated by 1.89% during the last five trading days but lost 3.24% on a 4-week basis. Schlumberger Limited is up 0.87% in the last 3-month period. Year-to-Date the stock performance stands at 14.11%.

Schlumberger N.V. (SLB) : Zacks Investment Research ranks Schlumberger N.V. (SLB) as 3, which is a Hold recommendation. 18 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 25 research analysts is 1.6, which indicates as a Buy.

Schlumberger N.V. (NYSE:SLB): The stock opened at $75.59 and touched an intraday high of $78.1 on Wednesday. During the day, the stock corrected to an intraday low of $75.07, however, the bulls stepped in and pushed the price higher to close in the green at $78.01 with a gain of 3.56% for the day. The total traded volume for the day was 9,420,846. The stock had closed at $75.33 in the previous trading session.

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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