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Are we looking at the next big move in Halliburton Co. (HAL)?

Halliburton Co. (NYSE: HAL) is -9.18% lower on its value in year-to-date trading and has touched a low of $32.60 and a high of $43.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HAL stock was last observed hovering at around $33.21 in the last trading session, with the day’s loss setting it -0.38%.

Currently trading at $32.83, the stock is -2.75% and -7.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.67 million and changing -1.14% at the moment leaves the stock -11.61% off its SMA200. HAL registered -7.73% loss for a year compared to 6-month loss of -8.73%.

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The stock witnessed a -2.93% gain in the last 1 month and extending the period to 3 months gives it a -19.85%, and is -1.79% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.87% over the week and 2.27% over the month.

Halliburton Co. (HAL) has around 48000 employees, a market worth around $29.06B and $23.14B in sales. Current P/E ratio is 11.37 and Fwd P/E is 8.41. Profit margin for the company is 11.20%. Distance from 52-week low is 0.69% and -25.13% from its 52-week high. The company has generated returns on investments over the last 12 months (14.28%).

The EPS is expected to grow by 7.16% this year.

Halliburton Co. (HAL) Top Institutional Holders

The shares outstanding are 889.00M, and float is at 881.53M with Short Float at 2.79%.

Halliburton Co. (HAL) Insider Activity

The most recent transaction is an insider sale by Sharp Jill D.,the company’sSVP Internal Assurance Svcs. SEC filings show that Sharp Jill D. sold 6,933 shares of the company’s common stock on May 20 ’24 at a price of $38.00 per share for a total of $0.26 million. Following the sale, the insider now owns 33251.0 shares.

Halliburton Co. disclosed in a document filed with the SEC on May 20 ’24 that Geer Charles Jr. (SVP & Chief Accounting Officer) sold a total of 3,000 shares of the company’s common stock. The trade occurred on May 20 ’24 and was made at $38.00 per share for $0.11 million. Following the transaction, the insider now directly holds 97084.0 shares of the HAL stock.

Still, SEC filings show that on May 07 ’24, Slocum Jeffrey Shannon (President – Eastern Hemisphere) disposed off 38,941 shares at an average price of $36.92 for $1.44 million. The insider now directly holds 130,783 shares of Halliburton Co. (HAL).

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