Halliburton Co (NYSE: HAL) Is A Safe Investment Now, Isn’t It?

Halliburton Co (NYSE:HAL) shares, rose in value, with the stock price up by 2.87% to the previous day’s close as strong demand from buyers drove the stock to $22.05.

Actively observing the price movement in the recent trading, the stock is buoying the session at $21.43, falling within a range of $21.77 and $22.285. The value of beta (5-year monthly) is 1.464 whereas the PE ratio is 7.79 over 12-month period. Referring to stock’s 52-week performance, its high was $39.37, and the low was $18.72. On the whole, HAL has fluctuated by -12.10% over the past month.

With the market capitalization of Halliburton Co currently standing at about $19.00 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jan-21. The company’s Forward Dividend Ratio is 0.68, with its dividend yield at 3.08%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 21.99B, with a low estimate of 5.22B 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 3.22, with the price of HAL currently trading nearly -4.10% and -10.11% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 44.61, while the 7-day volatility ratio is showing 4.30% which for the 30-day chart, stands at 5.21%. Furthermore, Halliburton Co (HAL)’s beta value is 1.21, and its average true range (ATR) is 1.22.

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 2.87% in today’s session so far, and over the past year, it shrunk by -42.65%%.

Data on historical trading for Halliburton Co (NYSE:HAL) indicates that the trading volumes over the past 10 days have averaged 16.1 and over the past 3 months, they’ve averaged 12.69 million. According to company’s latest data on outstanding shares, there are 868.00 million shares outstanding.

Nearly 0.49% of Halliburton Co’s shares belong to company insiders and institutional investors own 80.52% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 23.59 million shares as on 2025-03-31, resulting in a short ratio of 1.72. According to the data, the short interest in Halliburton Co (HAL) stood at 362.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 20.5 million. The stock has fallen by -18.92% 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.

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