TotalFinaElf S.A. (TOT) has risen sharply, recording gains of 0.89% in the past 4 weeks. However, the stock has corrected -1.08% in the past 1 week, providing a good buying opportunity on dips. TotalFinaElf S.A. (TOT) : During the past 4 weeks, traders have been relatively bearish on TotalFinaElf S.A. (TOT), hence the stock is down -1.56% 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 -1.5% relative to the S&P 500.
TotalFinaElf S.A. (NYSE:TOT): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.48 and $47.31 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.70. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.58, notching a gain of 1.36% for the day. The total traded volume was 931,100 . The stock had closed at $46.94 on the previous day.
The stock has recorded a 20-day Moving Average of 0% and the 50-Day Moving Average is 0.09%. TOTAL S.A. has dropped 1.31% during the last 3-month period . Year-to-Date the stock performance stands at 8.95%.
TotalFinaElf S.A. (TOT) : Currently there are 5 street experts covering TotalFinaElf S.A. (TOT) stock. The most bullish and bearish price target for the stock is $58 and $52 respectively for the short term. The average price target of all the analysts comes to $55.6. The estimated standard deviation from the target is $2.88.
Total S.A. is an energy operator. The Company operates through three business segments: an Upstream segment, including alongside the activities of the exploration and production of hydrocarbons, the activities of gas and power; a Refining & Chemicals segment constituting an industrial hub comprising the activities of refining, petrochemicals and specialty chemicals and also includes the activities of oil trading and shipping; a Marketing & Services segment, including the global activities of supply and marketing in the field of petroleum products, as well as the activity of new energies, and a Corporate segment, which includes holdings operating and financial activities. Its projects include CLOV, EGINA, IKIKE, INCAHUASI, LAGGAN-TORMORE, OML-58 UPGRADE, EA-1 AND EA-1A (UGANDA), ELGIN – FRANKLIN REDEVELOPMENT and ABSHERON PH.1, among others.