KBR (KBR) : Traders are bullish on KBR (KBR) as it has outperformed the S&P 500 by a wide margin of 2.5% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.4%, 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 6.98% in the last 1 week, and is up 6.98% 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 7.29% and the 50-Day Moving Average is 3.21%.
KBR (NYSE:KBR): The stock opened at $14.82 on Friday but the bulls could not build on the opening and the stock topped out at $14.90 for the day. The stock traded down to $14.50 during the day, due to lack of any buying support eventually closed down at $14.57 with a loss of -1.15% for the day. The stock had closed at $14.74 on the previous day. The total traded volume was 2,157,259 shares.
The company Insiders own 0.6% of KBR shares according to the proxy statements. Institutional Investors own 96.55% of KBR shares. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President E&C) of Kbr, Inc., Harrington Ivor had sold 14,965 shares worth of $231,958 in a transaction dated March 9, 2015. In this transaction, 14,965 shares were sold at $15.5 per share.
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.