Halliburton Co’s recently made public that its EVP & Chief Financial Officer Carre Eric unloaded Company’s shares for reported $3.69 million on Feb 11 ’25. In the deal valued at $26.13 per share,141,206 shares were sold. As a result of this transaction, Carre Eric now holds 127,101 shares worth roughly $3.4 million.
Then, Carre Eric bought 141,206 shares, generating $3,689,713 in total proceeds.
Before that, Jones Myrtle L bought 10,487 shares. Halliburton Co shares valued at $304,331 were divested by the Former Officer at a price of $29.02 per share.
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 Friday, Halliburton Co [NYSE:HAL] saw its stock jump 1.83% to $26.74. Over the last five days, the stock has gained 2.22%. Halliburton Co shares have fallen nearly -1.66% since the year began. Nevertheless, the stocks have fallen -23.88% over the past one year. While a 52-week high of $41.56 was reached on 01/17/25, a 52-week low of $25.16 was recorded on 02/07/25. SMA at 50 days reached $27.17, while 200 days put it at $30.74.
Levels Of Support And Resistance For HAL Stock
The 24-hour chart illustrates a support level at 26.31, which if violated will result in even more drops to 25.87. On the upside, there is a resistance level at 27.07. A further resistance level may holdings at 27.40. The Relative Strength Index (RSI) on the 14-day chart is 49.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 28.99%. Stochastics %K at 67.57% indicates the stock is a holding.
