A new trading day began on Tuesday, with Halliburton Co. (NYSE: HAL) stock price up 0.16% from the previous day of trading, before settling in for the closing price of $30.88. HAL’s price has ranged from $30.31 to $43.85 over the past 52 weeks.
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Annual sales at Energy sector company grew by 1.97% over the past five years. Meanwhile, its annual earnings per share averaged 1.03%. With a float of $879.08 million, this company’s outstanding shares have now reached $889.00 million.
Let’s look at the performance matrix of the company that is accounted for 48000 employees.
Halliburton Co. (HAL) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Equipment & Services Industry. The insider ownership of Halliburton Co. is 0.42%, while institutional ownership is 88.64%. The most recent insider transaction that took place on Jul 18 ’24, was worth 367,500. In this transaction EVP, Secretary and CLO of this company sold 10,000 shares at a rate of $36.75, taking the stock ownership to the 273,908 shares. Before that another transaction happened on May 20 ’24, when Company’s SVP Internal Assurance Svcs. sold 6,933 for $38.00, making the entire transaction worth $263,454. This insider now owns 33,251 shares in total.
Halliburton Co. (HAL) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.82 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1.03% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 13.00% during the next five years compared to 9.14% growth over the previous five years of trading.
Halliburton Co. (NYSE: HAL) Trading Performance Indicators
Here are Halliburton Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.54. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.18. Likewise, its price to free cash flow for the trailing twelve months is 11.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.01, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 3.56 in one year’s time.
Technical Analysis of Halliburton Co. (HAL)
Halliburton Co. (NYSE: HAL) saw its 5-day average volume 9.01 million, a positive change from its year-to-date volume of 7.57 million. As of the previous 9 days, the stock’s Stochastic %D was 12.30%. Additionally, its Average True Range was 1.04.
During the past 100 days, Halliburton Co.’s (HAL) raw stochastic average was set at 5.55%, which indicates a significant decrease from 9.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.47% in the past 14 days, which was higher than the 28.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $34.04, while its 200-day Moving Average is $36.39. Nevertheless, the first resistance level for the watch stands at $31.27 in the near term. At $31.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $31.91. If the price goes on to break the first support level at $30.64, it is likely to go to the next support level at $30.35. Assuming the price breaks the second support level, the third support level stands at $30.00.
Halliburton Co. (NYSE: HAL) Key Stats
With a market capitalization of 27.31 billion, the company has a total of 885,301K Shares Outstanding. Currently, annual sales are 23,018 M while annual income is 2,638 M. The company’s previous quarter sales were 5,833 M while its latest quarter income was 709,000 K.
