Halliburton Co (NYSE:HAL) shares, rose in value on Thursday, February 13, with the stock price up by 1.19% to the previous day’s close as strong demand from buyers drove the stock to $26.28.
Actively observing the price movement in the last trading, the stock closed the session at $25.97. The PE ratio was 9.28 over 12-month period. Referring to stock’s 52-week performance, its high was $41.56, and the low was $25.16. On the whole, HAL has fluctuated by -6.81% over the past month.
With the market capitalization of Halliburton Co currently standing at about $23.09 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.68, with its dividend yield at 2.59%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 22.31B, with a low estimate of 5.25B and a high estimate of 5.53B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 5.28B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that HAL’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.34, with the price of HAL currently trading nearly -2.54% and -4.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.12, while the 7-day volatility ratio is showing 2.49% which for the 30-day chart, stands at 3.01%. Furthermore, Halliburton Co (HAL)’s beta value is 1.87, and its average true range (ATR) is 0.80.
A comparison of Halliburton Co (HAL) with its peers suggests the former has fared considerably weaker in the market. HAL showed an intraday change of 1.19% in last session, and over the past year, it shrunk by -23.89%%.
Data on historical trading for Halliburton Co (NYSE:HAL) indicates that the trading volumes over the past 3 months, they’ve averaged 10.02 million. According to company’s latest data on outstanding shares, there are 878.50 million shares outstanding.
Nearly 0.46% of Halliburton Co’s shares belong to company insiders and institutional investors own 85.36% of the company’s shares. The stock has fallen by -3.35% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the HAL stock heading into the next quarter.
