Core Laboratories N.V. (NYSE:CLB) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 6, 2016
Zacks Investment Research has upgraded Core Laboratories N.V. (NYSE:CLB) to Hold in a statement released on Thursday October 06, 2016.
Boasting a price of $111.87, Core Laboratories N.V. (NYSE:CLB) traded 0.71% higher on the day. The last stock close price is down -4.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Core Laboratories N.V. has recorded a 50-day average of $111.48 and a two hundred day average of $117.54. Volume of trade was down over the average, with 409,592 shares of CLB changing hands under the typical 492,388
With a total market value of $0, Core Laboratories N.V. has price-earnings ratio of 59.77 with a one year low of $84.50 and a one year high of $135.49 .
A total of 14 brokerages have released a report on Core Laboratories N.V.. Three brokerages rating the company a strong buy, five brokerages rating the company a buy, seven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $126.14.
General Company Details For Core Laboratories N.V. (NYSE:CLB)
Core Laboratories N.V. is a provider of reservoir description, production enhancement and reservoir management services to the oil and gas industry. The Company's services and products are directed toward enabling the Company's clients to improve reservoir performance and increase oil and gas recovery from their producing fields. The Company has over 70 offices in over 50 countries. The Company operates in three segments: Reservoir Description, Production Enhancement and Reservoir Management. The Reservoir Description segment encompasses the characterization of petroleum reservoir rock, fluid and gas samples. The Production Enhancement segment includes products and services relating to reservoir well completions, perforations, stimulations and production. The Reservoir Management segment combines and integrates information from reservoir description and production enhancement services to increase production and improve recovery of oil and gas from the Company's clients' reservoirs.
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