Schlumberger Ltd (NYSE:SLB) shares, rose in value on Wednesday, June 18, with the stock price down by -0.64% to the previous day’s close as strong demand from buyers drove the stock to $35.85.
Actively observing the price movement in the last trading, the stock closed the session at $36.08, falling within a range of $35.823 and $36.44. The value of beta (5-year monthly) was 1.026 whereas the PE ratio was 12.16 over 12-month period. Referring to stock’s 52-week performance, its high was $50.94, and the low was $31.11. On the whole, SLB has fluctuated by 2.11% over the past month.
With the market capitalization of Schlumberger Ltd currently standing at about $48.76 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Apr-25. The company’s Forward Dividend Ratio is 1.12, with its dividend yield at 3.12%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SLB’s technical picture suggests that short-term indicators denote the stock is a 50% Sell 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 PEG ratio is about 3.40, with the price of SLB currently trading nearly 4.18% and 4.15% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.70, while the 7-day volatility ratio is showing 1.31% which for the 30-day chart, stands at 1.62%. Furthermore, Schlumberger Ltd (SLB)’s beta value is 1.03, and its average true range (ATR) is 0.93.
A comparison of Schlumberger Ltd (SLB) with its peers suggests the former has fared considerably weaker in the market. SLB showed an intraday change of -0.64% in last session, and over the past year, it shrunk by -16.63%%.
Data on historical trading for Schlumberger Ltd (NYSE:SLB) indicates that the trading volumes over the past 10 days have averaged 13.98 and over the past 3 months, they’ve averaged 17.60 million. According to company’s latest data on outstanding shares, there are 1.36 billion shares outstanding.
Nearly 0.22% of Schlumberger Ltd’s shares belong to company insiders and institutional investors own 89.24% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 68.41 million shares as on 2025-05-30, resulting in a short ratio of 5.1. According to the data, the short interest in Schlumberger Ltd (SLB) stood at 507.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 62.9 million. The stock has fallen by -6.49% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SLB stock heading into the next quarter.
