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Halliburton (HAL) in Focus: Stock Moves 6.4% Higher
Halliburton Company (HAL - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 17.5% in the past one-month time frame.
The move came after the company reported better-than-expected fourth-quarter 2017 results.
The company has seen a mixed track record when it comes to estimate revision of one increase and two decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Halliburton currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Halliburton Company Price
Halliburton Company Price | Halliburton Company Quote
Investors interested in the Oil and Gas - Field Services industry may consider ProPetro Holding Corp. (PUMP - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is HAL going up? Or down? Predict to see what others think:Up or Down
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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