Fluor Corporation (FLR) : Traders are bullish on Fluor Corporation (FLR) as it has outperformed the S&P 500 by a wide margin of 5.16% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.93%, 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 1.87% in the last 1 week, and is up 8.69% 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 2.74% and the 50-Day Moving Average is 3.87%. Fluor Corporation has dropped 1.69% during the last 3-month period . Year-to-Date the stock performance stands at 14.31%.
Fluor Corporation (NYSE:FLR): On Fridays trading session , Opening price of the stock was $53.55 with an intraday high of $53.66. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $52.63. However, the stock managed to close at $53.52, a loss of 0.34% for the day. On the previous day, the stock had closed at $53.7. The total traded volume of the day was 1,136,987 shares.
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.