Hornbeck Offshore Services (NYSE:HOS) : During the past 4 weeks, traders have been relatively bearish on Hornbeck Offshore Services (NYSE:HOS), hence the stock is down -7.17% 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 -7.89% relative to the S&P 500. The 4-week change in the price of the stock is -5.67% and the stock has fallen -6.71% in the past 1 week.
The company shares have dropped -56.80% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $20.98 and the one year low was seen on Feb 12, 2016. The 50-Day Moving Average price is $8.76 and the 200 Day Moving Average price is recorded at $9.00.
The stock has recorded a 20-day Moving Average of 3.84% and the 50-Day Moving Average is 8.89%.
Hornbeck Offshore Services (NYSE:HOS): stock turned positive on Friday. Though the stock opened at $8, the bulls momentum made the stock top out at $8.62 level for the day. The stock recorded a low of $8 and closed the trading day at $8.48, in the green by 6.67%. The total traded volume for the day was 834,125. The stock had closed at $7.95 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Hornbeck Offshore Services Inc /La, Melcher Patricia B had purchased shares worth of $49,000 in a transaction dated on February 23, 2016. A total of 7,000 shares were purchased at a price of $7 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Hornbeck Offshore Services, Inc. is a provider of marine transportation, subsea installation and accommodation support services to exploration and production, oilfield service, offshore construction and the United States military customers. The Company focuses on the provision of marine solutions to meet the needs of the deepwater and ultradeepwater energy industry in domestic and select foreign locations. The Company owns and operates a fleet of United States-flagged OSVs and MPSVs. These vessels support the deep-well, deepwater and ultra-deepwater activities of the offshore oil and gas industry. The Company operates in three core geographic markets: the Gulf of Mexico (GoM), Mexico and Brazil. The Company has operated in the Middle East, the Mediterranean Sea, the Black Sea and the Caribbean basin, including Nicaragua, Guyana, Trinidad and Venezuela. The Company also operates a shore-base support facility located in Port Fourchon, Louisiana.