Basic Materials Stocks To Watch Right Now: Baker Hughes Incorporated (BHI), Praxair, Inc. (PX)

Baker Hughes Incorporated (BHI) ended last trading session with a change of 0.71 percent. It trades at an average volume of 2.59M shares versus 1.67M shares recorded at the end of last trading session. The share price of $56.68 is at a distance of 50.51 percent from its 52-week low and down -17.14 percent versus its peak. The company has a market cap of $24.59B and currently has 433.79M shares outstanding. The share price is currently -5.67 percent versus its SMA20, -8.02 percent versus its SMA50, and 4.39 percent versus its SMA200. The stock has a weekly performance of -5.49 percent and is -12.52 percent year-to-date as of the recent close.

On March 3, 2017 Baker Hughes Incorporated (BHI) announced that the company’s Chairman and Chief Executive Officer Martin Craighead will present at Scotia Howard Weil Energy Conference on Tuesday, March 28, 2017, at 10:15 a.m. Eastern Time (9:15 a.m. Central Time).

If you would like to view the presentation materials, please visit the “Events & Presentations” page on our website at: www.bakerhughes.com/investor.

Praxair, Inc. (PX) recently recorded -0.2 percent change and currently at $116.72 is 11.9 percent away from its 52-week low and down -5.61 percent versus its peak. It has a past 5-day performance of -0.86 percent and trades at an average volume of 1.46M shares. The stock has a 1-month performance of 1.5 percent and is 0.26 percent year-to-date as of the recent close. There were about 285.17M shares outstanding which made its market cap $33.29B. The share price is currently -0.57 percent versus its SMA20, -0.09 percent versus its SMA50, and 0.68 percent versus its SMA200.

On March 13, 2017 Praxair, Inc. (PX) was named a 2017 World’s Most Ethical Company® by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.

In 2017, 124 companies globally were named Most Ethical Companies by the Institute. Praxair is one of three companies listed in the Chemical sector and the only industrial gas company to receive the honor. This award recognizes Praxair’s unwavering commitment to ethical conduct through its many programs that instill a culture of ethics and compliance throughout the business.

 

Elbert Edwards: