KBR (KBR) : Traders are bullish on KBR (KBR) as it has outperformed the S&P 500 by a wide margin of 9.97% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 9.02%, 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 9.49% in the last 1 week, and is up 12.7% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
KBR (NYSE:KBR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $14.89 and $14.85 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $15.45. The buying momentum continued till the end and the stock did not give up its gains. It closed at $15.35, notching a gain of 3.65% for the day. The total traded volume was 2,090,867 . The stock had closed at $14.81 on the previous day.
The stock has recorded a 20-day Moving Average of 5.37% and the 50-Day Moving Average is 7.87%. KBR, Inc. is up 4.21% in the last 3-month period. Year-to-Date the stock performance stands at -8.28%.
KBR (KBR) : The most positive equity analysts on KBR (KBR) expects the shares to touch $24, whereas, the least positive believes that the stock will trade at $14 in the short term. The company is covered by 7 Wall Street Brokerage Firms. The average price target for shares are $17.43 with an expected fluctuation of $3.55 from the mean.
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.