Stock price performance of Helmerich & Payne, Inc. is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 13.58% 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 9.92% . Looking at the past 52 week period, the stock price is up at 40.43% . 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 Helmerich & Payne, Inc. has a positive value of 31.81 compared to overall market. Company shares have received an average consensus rating of Hold for the current week The stock has recorded a 20-day Moving Average of 7.6% and the 50-Day Moving Average is 5.32%.The 200 Day SMA reached 10.53%
Helmerich & Payne, Inc. is having a Relative Strength Index of 33.72 which indicates the stock is not yet over sold or over bought based on the technical indicators. Helmerich & Payne, Inc. (NYSE:HP) has tumbled 2.85% during the past week and has dropped 12.9% 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 2.96%. Helmerich & Payne, Inc. (NYSE:HP) has underperformed the index by 13.68% 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 Dec 14, 2016, John W Lindsay (President & CEO) sold 25,000 shares at 83.36 per share price.On Dec 12, 2016, Juan Pablo Tardio (VP & CFO) sold 36,000 shares at 81.31 per share price.On Dec 9, 2016, Robert L. Stauder (Sr. VP, drilling subsidiary) sold 44,501 shares at 81.24 per share price.
Helmerich & Payne Last issued its quarterly earnings results on Jan 26, 2017. The company reported $-0.33 EPS for the quarter. Analyst had a consensus estimate of $-0.33. The company had revenue of $368.59 million for the quarter, compared to analysts expectations of $332.26 million. The companys revenue was down -24.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.15 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Helmerich & Payne was Upgraded by Argus to Buy on Jan 9, 2017. Company shares were Downgraded by RBC Capital Mkts on Dec 16, 2016 to Sector Perform, Raises Price Target to $ 94 from a previous price target of $83 .Helmerich & Payne was Downgraded by BofA/Merrill to Neutral on Dec 8, 2016. Helmerich & Payne was Initiated by Bernstein to Mkt Perform on Dec 2, 2016. Company shares were Downgraded by Seaport Global Securities on Dec 1, 2016 to Neutral, Raises Price Target to $ 77 from a previous price target of $69 .
Helmerich & Payne, Inc. (NYSE:HP) : On Friday heightened volatility was witnessed in Helmerich & Payne, Inc. (NYSE:HP) which led to swings in the share price. The stock opened for trading at $70.23 and hit $71.66 on the upside , eventually ending the session at $70.61, with a gain of 0.77% or 0.54 points. The heightened volatility saw the trading volume jump to 1,663,779 shares. The 52-week high of the share price is $85.78 and the company has a market cap of $7,669 million. The 52-week low of the share price is at $44.3 .
Helmerich & Payne, Inc. is primarily engaged in the exploration, production, and sale of crude oil and natural gas and in contract drilling of oil and gas wells for others. These activities account for the major portion of its operating revenues. The company is also engaged in the ownership, development, and operation of commercial real estate.