Fluor Corporation (NYSE:FLR) has been under a strong bear grip, hence the stock is down -2.61% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.41% in the past 1 week. The stock has risen by 4.73% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.04% in the past 4 weeks.
The company shares have rallied 0.21% from its 1 Year high price. On Apr 27, 2016, the shares registered one year high at $55.69 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $51.03 and the 200 Day Moving Average price is recorded at $49.50.
The stock has recorded a 20-day Moving Average of 2.74% and the 50-Day Moving Average is 0.29%.
Fluor Corporation (NYSE:FLR): stock turned positive on Friday. Though the stock opened at $50.78, the bulls momentum made the stock top out at $51.6979 level for the day. The stock recorded a low of $50.78 and closed the trading day at $51.57, in the green by 3.04%. The total traded volume for the day was 824,499. The stock had closed at $50.05 in the previous days trading.
In an insider trading activity, Mcwhinney Deborah D, director of Fluor Corp had purchased 2,352 shares on August 26, 2015 in a transaction. The price per share was $42.5 and the total amount of the disclosed transaction was $99,960.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services. It operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, Fluor serves the oil and gas production, processing, and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design, engineering, procurement, construction, operations and maintenance, and project management services. The Government segment is a provider of engineering, construction, logistics, and environmental and nuclear services, among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment, it provides a range of services to the gas-fueled and solid-fueled markets, among others.