TotalFinaElf S.A. (TOT) has risen sharply, recording gains of 4.06% in the past 4 weeks. However, the stock has corrected -2.65% in the past 1 week, providing a good buying opportunity on dips. TotalFinaElf S.A. (TOT) : During the past 4 weeks, traders have been relatively bearish on TotalFinaElf S.A. (TOT), hence the stock is down -2.53% 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 -3.24% relative to the S&P 500.
TotalFinaElf S.A. (NYSE:TOT): The stock opened at $47.64 on Friday but the bulls could not build on the opening and the stock topped out at $47.65 for the day. The stock traded down to $47.17 during the day, due to lack of any buying support eventually closed down at $47.45 with a loss of -0.44% for the day. The stock had closed at $47.66 on the previous day. The total traded volume was 1,004,700 shares.
The stock has recorded a 20-day Moving Average of 0.44% and the 50-Day Moving Average is 0.47%. TOTAL S.A. has dropped 2.65% during the last 3-month period . Year-to-Date the stock performance stands at 8.65%.
Total S.A. is an energy operator. The Company operates through three business segments: an Upstream segment, including alongside the activities of the exploration and production of hydrocarbons, the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub comprising the activities of refining, petrochemicals and specialty chemicals and also includes the activities of oil trading and shipping; a Marketing & Services segment, including the global activities of supply and marketing in the field of petroleum products, as well as the activity of new energies, and a Corporate segment, which includes holdings operating and financial activities. Its projects include CLOV, EGINA, IKIKE, INCAHUASI, LAGGAN-TORMORE, OML-58 UPGRADE, EA-1 AND EA-1A (UGANDA), ELGIN – FRANKLIN REDEVELOPMENT and ABSHERON PH.1, among others.