KBR (NYSE:KBR) has been under a strong bear grip, hence the stock is down -9% 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 1.26% in the past 1 week. The stock has risen by 2.56% in the past week indicating that the buyers are active at lower levels, but the stock is down -7.54% in the past 4 weeks.
The company shares have dropped -27.17% from its 1 Year high price. On Dec 2, 2015, the shares registered one year high at $19.94 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $14.05 and the 200 Day Moving Average price is recorded at $14.40.
The stock has recorded a 20-day Moving Average of 0.18% and the 50-Day Moving Average is 3.97%.
KBR (NYSE:KBR): stock turned positive on Friday. Though the stock opened at $13.39, the bulls momentum made the stock top out at $13.68 level for the day. The stock recorded a low of $13.31 and closed the trading day at $13.62, in the green by 3.42%. The total traded volume for the day was 828,441. The stock had closed at $13.17 in the previous days trading.
In an insider trading activity, Harrington Ivor, officer (President E&C) of Kbr, Inc., unloaded 14,965 shares at an average price of $15.5 on March 9, 2015. The total amount of the transaction was worth $231,958, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
KBR, Inc. is an engineering, procurement, construction and services company. The Company offers a portfolio of technology and consulting services; engineering, construction, procurement and asset maintenance services; and base operational, logistics, life support and asset management services. The Company operates in three business segments: Technology & Consulting (T&C), Engineering & Construction (E&C) and Government Services (GS). The T&C segment provides technologies and consulting services to the oil and gas value chain. The E&C provides engineering and engineering, procurement and construction services for the development, construction and commissioning of projects. The GS business segment focuses on service contracts particularly for the United Kingdom, Australian and United States Governments. It provides services to international and national oil and gas companies, independent refiners, manufacturers and domestic and foreign Governments, among others.