BHP Billiton Limited (NYSE:BHP) has climbed 3.67% in the past week and advanced 3.24% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 4.91% and the outperformance has advanced to 2.3% for the last 4 weeks period.
BHP Billiton Limited (NYSE:BHP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $27.15 and $27.10 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $27.86. The buying momentum continued till the end and the stock did not give up its gains. It closed at $27.71, notching a gain of 3.13% for the day. The total traded volume was 7,197,447 . The stock had closed at $26.87 on the previous day.
The company shares have dropped -36.75% from its 1 Year high price. On Jun 24, 2015, the shares registered one year high at $44.95 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $27.79 and the 200 Day Moving Average price is recorded at $25.65.
Many analysts have stated their opinion on the company shares. Bank of America upgrades its view on BHP Billiton Limited (NYSE:BHP) according to the research report released by the firm to its investors. The shares have now been rated Buy by the stock experts at the ratings house. Earlier, the shares had a rating of Neutral. The rating by the firm was issued on April 18, 2016. Currently the company Insiders own 0.02% of BHP Billiton Limited shares according to the proxy statements. Institutional Investors own 3.09% of BHP Billiton Limited shares.
BHP Billiton Limited is a global resources company. The Company is engaged in exploration, development, production, processing and marketing of minerals, such as iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash. It is also engaged in exploration, development, production and marketing of conventional and unconventional oil and gas. The Company operates through segments: Petroleum and Potash, Copper, Iron Ore and Coal. The Companys Petroleum and Potash segment is engaged in exploration, development and production of oil and gas and potash pre-development. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal.