Shares of Schlumberger N.V. (SLB) Sees Large Inflow of Net Money Flow

Schlumberger N.V. (SLB) : Tuesdays money flow data in Schlumberger N.V. (SLB) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $92.88 million, whereas, $58.58 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.59, in favor of the bulls. The total money flow into the stock was $34.3 million clearly indicating that the smart money has been buying into the stock on weakness.

In comparison, the money flow in block deals was $31.46 million. The total value of block trades done on upticks was $39.29 million. The value of bearish trades on downticks was only $7.84 million.The up/down ratio in the block trades was a healthy 5.01 in favor of the bulls, suggesting strong buying in the stock by large traders. Schlumberger N.V. (SLB) fell $0.72 and traded at $78.02, down -0.91% for the day, over previous days close. On a weekly basis, the shares are -1.89% over the previous weeks close.


The company Insiders own 0.36% of Schlumberger N.V. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -14.59% . Institutional Investors own 74.35% of Schlumberger N.V. shares. During last six month period, the net percent change held by insiders has seen a change of -13.91%. In an insider trading activity,The director officer (Chief Executive Officer) of Schlumberger Ltd /Nv/, Kibsgaard Paal sold 32,857 shares at $80 on June 9, 2016. The Insider selling transaction had a total value worth of $2,628,560. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Shares of Schlumberger Limited rose by 2.6% in the last five trading days and 1.43% for the last 4 weeks. Schlumberger Limited is up 5.62% in the last 3-month period. Year-to-Date the stock performance stands at 15.77%.

Schlumberger N.V. (NYSE:SLB): stock turned positive on Tuesday. Though the stock opened at $79.14, the bulls momentum made the stock top out at $80.16 level for the day. The stock recorded a low of $78.69 and closed the trading day at $79.65, in the green by 2.09%. The total traded volume for the day was 6,356,320. The stock had closed at $78.02 in the previous days trading.

Schlumberger N.V. is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. The Company operates in the oilfield service markets through three Groups, which include Reservoir Characterization Group, which consists of the principal technologies involved in finding and defining hydrocarbon resources; Drilling Group, which consists of the principal technologies involved in the drilling and positioning of oil and gas wells, and Production Group, which consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Well Intervention, Water Services and the Schlumberger Production Management field production projects.

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