Schlumberger N.V.s in-depth stock price analysis indicates that the stock price has rallied 2.7% 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 1.56% . Looking at the past 52 week period, the stock price is up at 16.85% . 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 Schlumberger N.V. has a positive value of 13.83 compared to overall market. Schlumberger N.V. (NYSE:SLB) has tumbled 0.41% during the past week and has dropped 3.14% 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 1.22%. Schlumberger N.V. (NYSE:SLB) has underperformed the index by 4.87% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Schlumberger N.V. (NYSE:SLB) : On Friday heightened volatility was witnessed in Schlumberger N.V. (NYSE:SLB) which led to swings in the share price. The stock opened for trading at $81.98 and hit $82.71 on the upside , eventually ending the session at $82.16, with a gain of 1.17% or 0.95 points. The heightened volatility saw the trading volume jump to 6,199,901 shares. The 52-week high of the share price is $87.84 and the company has a market cap of $114,324 million. The 52-week low of the share price is at $66.1 .
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.
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 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.