Fluor Corporation (FLR) Shares are Up 4.35%

Fluor Corporation (FLR) has been under a strong bear grip, hence the stock is down -1.04% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 4.18% in the past 1 week. The stock has risen by 4.35% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.57% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 2.63% and the 50-Day Moving Average is 0.25%.The 200 Day SMA reached 3.19%


Fluor Corporation (NYSE:FLR): After opening at $51, the stock dipped to an intraday low of $50.75 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $51.56 and the buying power remained strong till the end. The stock closed at $51.32 for the day, a gain of 1.24% for the day session. The total traded volume was 920,453. The stocks close on the previous trading day was $51.32.

Fluor Corporation (FLR) : The consensus price target for Fluor Corporation (FLR) is $54.63 for the short term with a standard deviation of $4.41. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $60, however, the pessimist price target for the company is $48.

Fluor Corporation (Fluor) is a holding company. The Company is a professional services company. The Company provides engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services. It operates in five segments: Oil & Gas, Industrial & Infrastructure, Government, Global Services and Power. Through its Oil & Gas segment, Fluor serves the oil and gas production, processing, and chemical and petrochemical industries. The Industrial & Infrastructure segment provides design, engineering, procurement, construction, operations and maintenance, and project management services. The Government segment is a provider of engineering, construction, logistics, and environmental and nuclear services, among others. The Global Services segment provides a range of solutions to support projects across Fluor groups. In the Power segment, it provides a range of services to the gas-fueled and solid-fueled markets, among others.

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