Helmerich & Payne Inc. (HP) is Trading Higher on Unusual Volume for January 28

Equities Staff |

Helmerich & Payne Inc. (HP) experienced unusually high volume on Jan. 28, as the stock gained 6.51% to a closing price of $49.07. The stock saw 4.2 million shares trade hands over the course of the day on 35,063 trades. Given that the stock’s average daily volume over the last month has been 2.68 million shares a day, this represents a pretty substantial spike over the norm.

Helmerich & Payne Inc. has a P/B ratio of 1.08. It also has a P/E ratio of 11.8. The stock has traded between $79.90 and $40.02 over the last 52-weeks, its 50-day SMA is now $51.71, and its 200-day SMA $59.27.

Helmerich & Payne Inc is engaged in contract drilling of oil & gas wells for others in the ownership, development & operation of commercial real estates. Its business comprises of three reportable segments: U.S. Land, Offshore & International Land.

Headquartered in Tulsa, OK, Helmerich & Payne Inc. has 6,738 employees and is currently under the leadership of CEO John W. Lindsay.

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


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

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