In a filing, Halliburton Co revealed its Former Officer Jones Myrtle L acquired Company’s shares for reported $0.3 million on Jan 15 ’25. In the deal valued at $29.02 per share,10,487 shares were bought.
Then, Beckwith Van H. sold 10,000 shares, generating $367,500 in total proceeds. Upon selling the shares at $36.75, the EVP, Secretary and CLO now owns 273,908 shares.
Before that, Geer Charles Jr. sold 3,000 shares. Halliburton Co shares valued at $114,000 were divested by the SVP & Chief Accounting Officer at a price of $38.00 per share. As a result of the transaction, Geer Charles Jr. now holds 97,084 shares, worth roughly $2.65 million.
Raymond James downgraded its Halliburton Co [HAL] rating to a Mkt perform from a a Strong buy in a research note published recently. A number of analysts have revised their coverage, including Griffin Securities’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Neutral”. Piper Sandler began covering HAL with “an Overweight” recommendation on December 19, 2024. Barclays revised its rating on December 18, 2024. It rated HAL as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of HAL
On Monday, Halliburton Co [NYSE:HAL] saw its stock fall -1.98% to $27.25. Over the last five days, the stock has lost -8.86%. Halliburton Co shares have risen nearly 0.22% since the year began. Nevertheless, the stocks have fallen -26.01% over the past one year. While a 52-week high of $41.56 was reached on 01/17/25, a 52-week low of $25.51 was recorded on 01/10/25. SMA at 50 days reached $28.90, while 200 days put it at $31.90.
Levels Of Support And Resistance For HAL Stock
The 24-hour chart illustrates a support level at 26.94, which if violated will result in even more drops to 26.63. On the upside, there is a resistance level at 27.83. A further resistance level may holdings at 28.41. The Relative Strength Index (RSI) on the 14-day chart is 41.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.82%. Stochastics %K at 23.12% indicates the stock is a holding.
How much short interest is there in Halliburton Co?
A steep rise in short interest was recorded in Halliburton Co stocks on 2024-12-31, growing by 6.25 million shares to a total of 29.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 23.2 million shares. There was a rise of 21.21%, which implies that there is a positive sentiment for the stock.
