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KBR (KBR) Downgraded at Morgan Stanley

Written on Fri, 07/30/2010 - 11:52am
By Chip Brian

KBR (NYSE:KBR) downgraded to Equal Weight from Overweight at Morgan Stanley. The stock closed yesterday at $22.15 on volume of 2,505,200 shares, above the average daily volume of 1,472,832.
In the past 52-weeks, shares of KBR have traded between a low of $17.28 and a high of $24.73 and are now at $22.15, which is 28.2% above that low price.
KBR is currently above its 50-day moving average (MA) of $21.48 and above its 200-day MA of $20.97. In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has slid 0.01%.
KBR, Inc. is a global engineering, construction, and services company supporting the energy, petrochemicals, government services, and civil infrastructure sectors. The Company offers a wide range of services through two business segments, Energy and Chemicals (E&C) and Government and Infrastructure (G&I).

Keywords: Stock Alerts price trends technical analysis charting uptrend downtrend stock charts

Ticker(s): KBR

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