Stock price performance of Baker Hughes Incorporated is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 5.47% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 17.36% . Looking at the past 52 week period, the stock price is up at 37.9% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Baker Hughes Incorporated has a positive value of 48.23 compared to overall market. For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a 20-day Moving Average of 0.11% and the 50-Day Moving Average is 0.86%.The 200 Day SMA reached 21.17%
Baker Hughes Incorporated is having a Relative Strength Index of 42.59 which indicates the stock is not yet over sold or over bought based on the technical indicators. Baker Hughes Incorporated (NYSE:BHI) has tumbled 1.97% during the past week and has dropped 3.3% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 2.08%. Baker Hughes Incorporated (NYSE:BHI) has underperformed the index by 4.16% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Gregory D Brenneman (director) purchased 85,000 shares at 58.84 per share price.On Nov 10, 2016, Belgacem Chariag (Vice President) sold 15,000 shares at 58.08 per share price.On Oct 11, 2016, Alan R Jr Crain (SVP, Chief Legal/Gov Ofcr) sold 3,000 shares at 53.00 per share price.
Baker Hughes Incorporated Last issued its quarterly earnings results on Jan 26, 2017. The company reported $-0.30 EPS for the quarter, missing the analyst consensus estimate by $ -0.17. Analyst had a consensus of $-0.13. The company had revenue of $2410.00 million for the quarter, compared to analysts expectations of $2382.19 million. The companys revenue was down -29.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.21 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Baker Hughes Incorporated was Initiated by SunTrust to Hold on Jan 18, 2017. Baker Hughes Incorporated was Downgraded by Credit Suisse to Neutral on Jan 4, 2017. Baker Hughes Incorporated was Downgraded by Susquehanna to Neutral on Jan 4, 2017. Baker Hughes Incorporated was Initiated by Bernstein to Mkt Perform on Dec 2, 2016.
Baker Hughes Incorporated (NYSE:BHI) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.56 points or 0.9% at $61.85 with 2,569,801 shares getting traded. Post opening the session at $62.47, the shares hit an intraday low of $61.4 and an intraday high of $62.5 and the price was in this range throughout the day. The company has a market cap of $26,150 million and the number of outstanding shares has been calculated to be 422,794,030 shares. The 52-week high of Baker Hughes Incorporated (NYSE:BHI) is $68.59 and the 52-week low is $38.16.
Baker Hughes Inc. is engaged in the oilfield and process industries. In addition, the company manufactures and sells other products and provides services to industries that are not related to the oilfield or continuous process industries. The company conducts certain of its operations through joint ventures, partnerships or alliances.