Halliburton Company (HAL - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company, as the stock is down 68.3% in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revision of one increase and one decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. 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.
A better-ranked stock in the Oil and Gas - Field Services industry is Oceaneering International, Inc. (OII - Free Report) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 (Strong Buy) Rank stocks here.
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