Shares of Schlumberger N.V. (SLB) Sees Large Inflow of Net Money Flow

Schlumberger N.V. (SLB) witnessed a selling pressure and the shares last traded with a loss of -0.75 points or -0.9% at $82.96. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $8.08 million with an inflow of $67.75 million in upticks and an outflow of $59.67 million in downticks. Using the data, the up/down ratio is found to be 1.14. The share price has recorded -1.82% on a weekly basis.A block trade of $10.36 million in uptick and $3.34 million in downtick was also observed, resulting in an up/down ratio of 3.1. The net money flow of the block trade stood at a $7.02, signaling heavy buying.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Schlumberger Limited has lost 2.74% in the last five trading days and dropped 0.93% in the last 4 weeks. Schlumberger Limited is up 6.94% in the last 3-month period. Year-to-Date the stock performance stands at -0.93%. Schlumberger N.V. (NYSE:SLB) witnessed a decline in the market cap on Wednesday as its shares dropped 0.65% or 0.54 points. After the session commenced at $84.06, the stock reached the higher end at $84.44 while it hit a low of $82.695. With the volume soaring to 5,193,648 shares, the last trade was called at $83.17. The company has a 52-week high of $87.84. The company has a market cap of $115,729 million and there are 1,391,475,500 shares in outstanding. The 52-week low of the share price is $66.1.

Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Imran Kizilbash (VP, SLB Venture Fund) sold 77,611 shares at 86.45 per share price.On Dec 22, 2016, Ashok Belani (EVP Technology) sold 46,577 shares at 85.50 per share price.On Dec 22, 2016, Gerard Martellozo (Vice President Human Resources) sold 5,000 shares at 84.83 per share price.

Schlumberger Limited. Last issued its quarterly earnings results on Jan 20, 2017. The company reported $0.27 EPS for the quarter. Analyst had a consensus estimate of $0.27. The company had revenue of $7107.00 million for the quarter, compared to analysts expectations of $7076.84 million. The companys revenue was down -8.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.65 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Schlumberger Limited. was Initiated by SunTrust to Hold on Jan 18, 2017. Schlumberger Limited. was Initiated by Bernstein to Mkt Perform on Dec 2, 2016. Schlumberger Limited. was Upgraded by Jefferies to Buy on Nov 15, 2016.

Schlumberger Limited is a global technology services company consisting of two business segments, Schlumberger Oilfield Services and SchlumbergerSema. Schlumberger Oilfield Services is the leading provider of exploration and production services, solutions and technology to the international petroleum industry. SchlumbergerSema is a leading information technology services company providing a unique combination of domain expertise and global capabilities delivered on a local basis.


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