One of the S&P 500’s big losers for Monday December 21 was Schlumberger Ltd. (SLB). The company’s stock fell 2.69% to $67.34 on volume of 15.15 million shares.
The stock opened the day at 69.04 and traded between a low of $67.33 and a high of $69.17. The stock finished the day down $1.86 per share. Schlumberger Ltd. has an average daily volume of 9.64 million and a total float of 1.26 billion shares. The 50-day SMA for Schlumberger Ltd. is $75.59 and its 200-day SMA is $80.92. The high for the stock over the last 52 weeks is $95.13 and the low is $66.57.
Schlumberger Ltd is a supplier of technology, integrated project management and information solutions to customers working in the oil and gas industry. Its business segments are Reservoir Characterization Group, Drilling Group and Production Group.
Schlumberger Ltd. is centered in Houston, TX, and has 0 employees. Today’s trading day leaves the company with a market cap of $84.92 billionwith a P/E Ratio of 25.2. The company has a P/S ratio of 2.16, P/B ratio of 2.24, and a 18.9.
For a complete fundamental analysis analysis of Schlumberger Ltd., check out Equities.com’s Stock Valuation Analysis report for SLB. 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.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.