Halliburton Co (NYSE:HAL) shares, rose in value on Wednesday, June 18, with the stock price down by -3.17% to the previous day’s close as strong demand from buyers drove the stock to $22.28.
Actively observing the price movement in the last trading, the stock closed the session at $23.01. The PE ratio was 9.33 over 12-month period. Referring to stock’s 52-week performance, its high was $37.08, and the low was $18.72. On the whole, HAL has fluctuated by 6.76% over the past month.
With the market capitalization of Halliburton Co currently standing at about $19.15 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-22. The company’s Forward Dividend Ratio is 0.68, with its dividend yield at 3.05%.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% 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 price of HAL currently trading nearly 6.48% and 7.00% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 58.43, while the 7-day volatility ratio is showing 3.67% which for the 30-day chart, stands at 2.26%. Furthermore, Halliburton Co (HAL)’s beta value is 1.14, and its average true range (ATR) is 0.77.
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 -3.17% in last session, and over the past year, it shrunk by -32.32%%.
Data on historical trading for Halliburton Co (NYSE:HAL) indicates that the trading volumes over the past 3 months, they’ve averaged 15.39 million. According to company’s latest data on outstanding shares, there are 861.00 million shares outstanding.
Nearly 0.49% of Halliburton Co’s shares belong to company insiders and institutional investors own 85.14% of the company’s shares. The stock has fallen by -18.06% 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.
