Halliburton Co. (NYSE:HAL) price closed lower on Tuesday, April 16, dropping -1.69% below its previous close.
A look at the daily price movement shows that the last close reads $39.10. The company’s P/E ratio in the trailing 12-month period read 13.15. Taking into account the 52-week price action we note that the stock hit a 52-week high of $43.85 and 52-week low of $27.84. The stock added 1.88% on its value in the past month.
Halliburton Co., which has a market valuation of $34.22 billion. The company stock has a Forward Dividend ratio of 0.65, while the dividend yield is 1.69%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give HAL a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.90. The overview shows that HAL’s price is at present -2.92% off the SMA20 and 3.70% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 45.27, with weekly volatility standing at 2.98%. The indicator jumps to 2.11% when calculated based on the past 30 days. Halliburton Co. (NYSE:HAL)’s beta value is holding at 2.01, while the average true range (ATR) indicator is currently reading 0.93.
An analysis of the Halliburton Co. (NYSE:HAL) stock in terms of its daily trading volume indicates that the 3-month average is 7.28 million.
Current records show that the company has 889.00M in outstanding shares. The insiders’ percentage holdings are 0.45% of outstanding shares while the percentage share held by institutions stands at 86.46%. But the 6.33% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
