Schlumberger Ltd. (SLB) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Schlumberger Ltd. (SLB) experienced unusually high volume on Dec. 21, as the stock lost 2.69% to a closing price of $67.34. The stock saw 15.15 million shares trade hands over the course of the day on 86,170 trades. Given that the stock’s average daily volume over the last month has been 7.84 million shares a day, this represents a pretty substantial spike over the norm.

Schlumberger Ltd. has a P/B ratio of 2.24. It also has a P/E ratio of 25.2. The stock has traded between $95.13 and $66.57 over the last 52-weeks, its 50-day SMA is now $75.59, and its 200-day SMA $80.92.

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.

Headquartered in Houston, TX, Schlumberger Ltd. has 0 employees and is currently under the leadership of CEO Paal Kibsgaard.

For a complete fundamental analysis analysis of Schlumberger Ltd., check out’s Stock Valuation Analysis report for SLB. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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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 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:


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