• Return to Headlines

Helmerich & Payn Shares Down 59.5% Since SmarTrend's Sell Call (HP)

By Amy Schwartz

SmarTrend identified a Downtrend for Helmerich & Payn (NYSE:HP) on February 25th, 2020 at $40.78. In approximately 3 weeks, Helmerich & Payn has returned 59.51% as of today's recent price of $16.51.

In the past 52 weeks, Helmerich & Payn share prices have been bracketed by a current low of $14.07 and a high of $64.80 and are now at $16.51. Over the last five market days, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has declined 4.1%.

Helmerich & Payne, Inc. provides contract drilling of oil and gas wells in the Gulf of Mexico and South America. The Company operates land rigs and platform rigs.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Helmerich & Payn.

Log in and add Helmerich & Payn (HP) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights helmerich & payn

Ticker(s): HP