Baker Hughes Inc. (BHI) Pops 3.06% for February 22

Equities Staff |

One of the S&P 500’s big winners for Monday February 22 was Baker Hughes Inc. (BHI) as the company’s stock climbed 3.06% to $43.43 on volume of 2.22 million shares.

The stock opened at $43.12 and saw an intraday low of $42.77 and an intraday high of $43.72. All told, the day saw a per-share gain of $1.29. The stock’s average daily volume of 3.82 million and 437.85 million shares outstanding. Baker Hughes Inc. now has a 50-day SMA is $43.60 and 200-day SMA is $53.51, and it has a 52-week high of $70.45 and a 52-week low of $37.58.

Baker Hughes Inc operates in the oilfield services industry. It provides products and services for drilling and evaluation of oil and gas wells, completion and production of oil and gas wells, fluids and chemicals and reservoir technology.

Based out of Houston, TX, Baker Hughes Inc. has 43,000 employees and, after today’s trading, reached a market cap of $19.02 billion. Its P/S ratio is 1.17, P/B ratio is 1.17, and P/FCF ratio is -473.1.

For a complete fundamental analysis analysis of Baker Hughes Inc., check out Equities.com’s Stock Valuation Analysis report for BHI. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The S&P 500 represents the industry standard for large-cap indices. While the Dow Jones Industrial Average (DJIA) may be the most visible stock market index in the country, the S&P 500 has long been relied on by industry insiders and fund managers as the more reliable gauge of portfolio performance.

While the DJIA is price-weighted and only includes 30 stocks, the S&P 500 uses a weighting system that factors in market cap and the size of a company’s free float while including some 500 stocks for a more comprehensive look at the broader markets’ performance. Its performance is far more representative of the large- and mega-cap stocks for any period of time.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

CMX Gold & Silver Corp.

CMX Gold & Silver Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and development of silver and copper/gold properties in the USA.

Private Markets

Knightscope

Autonomous security robots providing advanced detection capabilities at $7 per hour - aiming to define the future of security. Help #StopTheViolence.

Wealthfront

Wealthfront is an automated investment service that serves as an alternative to traditional financial advisory services. The company manages a diversified, continually rebalanced portfolio of index funds on their clients’…