Halliburton Stock Hits New 52-Week Low (HAL)
NEW YORK (TheStreet) -- Halliburton Company (NYSE:HAL) hit a new 52-week low Monday as it is currently trading at $27.11, below its previous 52-week low of $27.21 with 1.6 million shares traded as of 9:45 a.m. ET. Average volume has been 15.4 million shares over the past 30 days. Halliburton has a market cap of $26.17 billion and is part of the basic materials sector and energy industry. Shares are down 17.8% year to date as of the close of trading on Friday. Halliburton Company provides various products and services to the energy industry for exploring, developing, and producing oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The company has a P/E ratio of 8.4, below the average energy industry P/E ratio of 8.9 and below the S&P 500 P/E ratio of 17.7.
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