Chicago Bridge & Iron Company N.V. (CBI) Shares are Down -4.62%

Chicago Bridge & Iron Company N.V. (CBI) : During the past 4 weeks, traders have been relatively bearish on Chicago Bridge & Iron Company N.V. (CBI), hence the stock is down -13.76% 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 -5.1% relative to the S&P 500. The 4-week change in the price of the stock is -13.88% and the stock has fallen -4.62% in the past 1 week.

The stock has recorded a 20-day Moving Average of 8.41% and the 50-Day Moving Average is 13.58%.The 200 Day SMA reached 18.47%. Chicago Bridge & Iron Company N.V. has dropped 23.15% during the last 3-month period . Year-to-Date the stock performance stands at -23.46%.


Chicago Bridge & Iron Company N.V. (NYSE:CBI): After opening at $29.9, the stock dipped to an intraday low of $29.57 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $30.0267 and the buying power remained strong till the end. The stock closed at $29.73 for the day, a gain of 0.41% for the day session. The total traded volume was 1,368,710. The stocks close on the previous trading day was $29.61.

Chicago Bridge and Iron Company N.V. (CBandI) provides a range of services to customers in the energy infrastructure market across the world. The Company also provides various Government services. CBandI operates through four segments: Engineering, Construction and Maintenance, which provides engineering, procurement and construction (EPC) services for energy infrastructure facilities, as well as integrated maintenance services; Fabrication Services, which provides fabrication of piping systems, process and nuclear modules; fabrication and erection of steel plate structures, and manufacturing and distribution of pipe and fittings for various industries, such as oil and gas, mining, mineral processing and power generation; Technology, which provides licensed process technologies, catalysts and engineered products, and offers process planning and project development services, and Environmental Solutions, which provides environmental services for Government and private sector customers.

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