BHP Billiton plc (BBL) : Traders are bullish on BHP Billiton plc (BBL) as it has outperformed the S&P 500 by a wide margin of 4.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 2.41%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3.94% in the last 1 week, and is up 9.09% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock. The stock has recorded a 20-day Moving Average of 5.83% and the 50-Day Moving Average is 7.55%.
BHP Billiton plc (NYSE:BBL): The stock opened at $26.72 on Friday but the bulls could not build on the opening and the stock topped out at $26.87 for the day. The stock traded down to $26.25 during the day, due to lack of any buying support eventually closed down at $26.40 with a loss of -1.57% for the day. The stock had closed at $26.82 on the previous day. The total traded volume was 1,610,883 shares.
Institutional Investors own 3.16% of BHP Billiton plc shares.
BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas. The Company operates through segments, including 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.