Chicago Bridge & Iron Company N.V. (CBI) Shares are Down -4.09%

Chicago Bridge & Iron Company N.V. (CBI) : During the past 4 weeks, traders have been relatively bearish on Chicago Bridge & Iron Company N.V. (CBI), hence the stock is down -7.61% 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 -3.46% relative to the S&P 500. The 4-week change in the price of the stock is -7.81% and the stock has fallen -4.09% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 6.25% and the fifty day Moving Average is 10.88%. Chicago Bridge & Iron Company N.V. has dropped 17.44% during the last three month period . Year-to-Date the stock performance stands at -19.75%.

Chicago Bridge & Iron Company N.V. (CBI) : The highest level Chicago Bridge & Iron Company N.V. (CBI) is projected to reach is $57 for the short term and the lowest estimate is at $36. The consolidated price target from 7 rating analysts who initiate coverage on the stock is $43.14 and the possibility the share price can swing is $7.47.


Chicago Bridge & Iron Company N.V. (NYSE:CBI): On Fridays trading session , Opening price of the stock was $31.64 with an intraday high of $31.97. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $31.026. However, the stock managed to close at $31.17, a loss of 1.08% for the day. On the previous day, the stock had closed at $31.51. The total traded volume of the day was 1,021,603 shares.

Chicago Bridge and Iron Company N.V. (CBandI) provides a range of services to customers in the energy infrastructure market across the world. The Company also provides various Government services. CBandI operates through four segments: Engineering, Construction and Maintenance, which provides engineering, procurement and construction (EPC) services for energy infrastructure facilities, as well as integrated maintenance services; Fabrication Services, which provides fabrication of piping systems, process and nuclear modules; fabrication and erection of steel plate structures, and manufacturing and distribution of pipe and fittings for various industries, such as oil and gas, mining, mineral processing and power generation; Technology, which provides licensed process technologies, catalysts and engineered products, and offers process planning and project development services, and Environmental Solutions, which provides environmental services for Government and private sector customers.

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