KBR (KBR) Shares are Up 5.07%

KBR (KBR) : Traders are bullish on KBR (KBR) as it has outperformed the S&P 500 by a wide margin of 4.05% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 4.9%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.07% in the last 1 week, and is up 3.49% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 4.2% and the 50-Day Moving Average is 2.1%.The 200 Day SMA reached 4.74%


KBR (NYSE:KBR): After opening at $15.05, the stock dipped to an intraday low of $14.89 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $15.16 and the buying power remained strong till the end. The stock closed at $15.13 for the day, a gain of 1.48% for the day session. The total traded volume was 945,771. The stocks close on the previous trading day was $15.13.

KBR (KBR) : 7 investment research analysts covering KBR (KBR) have an average price target of $17.29 for the near short term. The highest target price given by the Brokerage Firm to the stock is $21 and the lowest target is $14 for the short term. Analysts expect the variance to be within $2.43 of the average price.

KBR, Inc. is an engineering, procurement, construction and services company. The Company offers a portfolio of technology and consulting services; engineering, construction, procurement and asset maintenance services; and base operational, logistics, life support and asset management services. The Company operates in three business segments: Technology & Consulting (T&C), Engineering & Construction (E&C) and Government Services (GS). The T&C segment provides technologies and consulting services to the oil and gas value chain. The E&C provides engineering and engineering, procurement and construction services for the development, construction and commissioning of projects. The GS business segment focuses on service contracts particularly for the United Kingdom, Australian and United States Governments. It provides services to international and national oil and gas companies, independent refiners, manufacturers and domestic and foreign Governments, among others.

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