Halliburton Company (HAL) : Halliburton Company (HAL) had a healthy money flow of $14.79 million into the stock during the Mondays trading session. The value of bullish trades on upticks was $44.13 million, whereas, investors only sold shares worth $29.34 million on downticks. The stock closed the day with an up-down ratio of 1.5.The money flow in the block trades to the tune of $15.65 million shows that the bulls were dominant, the large players used the weakness in the stock to accumulate it for the long-term. $19.5 million worth of transactions were on upticks. A paltry $3.84 million worth of block trade transactions on downticks shows that the investors are reluctant to sell the stock down. The total up-down ratio of the upticks vs the downticks in block trades was 5.07. Halliburton Company (HAL) stock slid $0.24 intraday and traded at 43.84, a change of -0.54% over previous days close. However, for the week, the company shares are 0.3% compared to previous weeks close.
Shares of Halliburton Company appreciated by 0.43% during the last five trading days but lost 2.22% on a 4-week basis. Halliburton Company is up 11.1% in the last 3-month period. Year-to-Date the stock performance stands at 31.86%.
Halliburton Company (NYSE:HAL): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.05 and $44.02 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $44.73. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.45, notching a gain of 1.39% for the day. The total traded volume was 4,436,077 . The stock had closed at $43.84 on the previous day.
In a related news, The Securities and Exchange Commission has divulged that Miller Jeffrey Allen, director officer (President) of Halliburton Co, had unloaded 19,776 shares at an average price of $45 in a transaction dated on June 7, 2016. The total value of the transaction was worth $889,920.
Halliburton Company is a provider of services and products to the upstream oil and natural gas industry. The Company operates operate under two divisions, which form the basis for its two operating segments: the Completion and Production segment, and the Drilling and Evaluation segment. The Companys Completion and Production segment delivers cementing, stimulation, intervention, pressure control, specialty chemicals, artificial lift, and completion products and services. Production Enhancement services include stimulation services and sand control services. The Companys Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and precise wellbore placement solutions. The Company conducts its business in approximately 80 countries.