Schlumberger N.V. (SLB) : Mondays money flow indicated an uptick to downtick ratio was at 1.77. The total value of inflow transactions on upticks was $74.42 million, whereas, the total value of outflow trades on downticks was $42.02 million. The total money flow was $32.4 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $29.93 million. The total value of the trades done on upticks was $31.13 million. Downticks saw transactions worth $1.21 million. The total uptick to downtick ratio stood at 25.8, mildly in favor of the bulls. Schlumberger N.V. (SLB) was trading with a -0.37% change over previous days close. It fell $0.3 during the day and reached $81.2. The stock was 0% compared to the previous weeks close.
Schlumberger Limited has dropped 0.56% in the last five trading days, however, the shares have posted positive gains of 3.39% in the last 4 weeks. Schlumberger Limited is up 11.58% in the last 3-month period. Year-to-Date the stock performance stands at 19.25%.
Schlumberger N.V. (NYSE:SLB): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $81.75 and $81.09 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $82.13. The buying momentum continued till the end and the stock did not give up its gains. It closed at $82.04, notching a gain of 1.03% for the day. The total traded volume was 4,015,962 . The stock had closed at $81.20 on the previous day.
In a related news, The officer (VP Controller), of Schlumberger Ltd /Nv/, Biguet Stephane had unloaded 4,227 shares at $78.52 per share in a transaction on August 2, 2016. The total value of transaction was $331,904. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Schlumberger N.V. is a supplier of technology, integrated project management and information solutions to the international oil and gas exploration and production industry. The Company operates in the oilfield service markets through three Groups, which include Reservoir Characterization Group, which consists of the principal technologies involved in finding and defining hydrocarbon resources; Drilling Group, which consists of the principal technologies involved in the drilling and positioning of oil and gas wells, and Production Group, which consists of the principal technologies involved in the lifetime production of oil and gas reservoirs and includes Well Services, Completions, Artificial Lift, Well Intervention, Water Services and the Schlumberger Production Management field production projects.