Fluor Corporation (FLR) Shares are Down -1.02%

Fluor Corporation (FLR) : During the past 4 weeks, traders have been relatively bearish on Fluor Corporation (FLR), hence the stock is down -4.06% 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 -1.07% relative to the S&P 500. The 4-week change in the price of the stock is -3.07% and the stock has fallen -1.02% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.69% and the 50-Day Moving Average is 0.71%. Fluor Corporation (NYSE:FLR): On Fridays trading session , Opening price of the stock was $52.01 with an intraday high of $52.11. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $51.11. However, the stock managed to close at $51.41, a loss of 1.17% for the day. On the previous day, the stock had closed at $52.02. The total traded volume of the day was 765,600 shares.


The company Insiders own 1.1% of Fluor Corporation shares according to the proxy statements. Institutional Investors own 81.76% of Fluor Corporation shares. Also, MKM Partners initiates coverage on Fluor Corporation (NYSE:FLR). The current rating of the shares is Neutral, according to the research report released by the firm. The rating by the firm was issued on June 29, 2016.

Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services. It operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, Fluor serves the oil and gas production, processing, and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design, engineering, procurement, construction, operations and maintenance, and project management services. The Government segment is a provider of engineering, construction, logistics, and environmental and nuclear services, among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment, it provides a range of services to the gas-fueled and solid-fueled markets, among others.

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