Baker Hughes Stock Hits Day Low of $48.14 Amid Price Pressure

Baker Hughes Co. experienced a notable decline today, with the stock dropping by 3.56% and reaching an intraday low of USD 48.14. This performance contrasts with the S&P 500, which saw a slight increase of 0.26% during the same period. Over the past week, Baker Hughes has shown a positive trend, gaining 2.2%, while its one-month performance stands at 7.31%, outperforming the S&P 500's 3.11% increase.
In terms of annual performance, Baker Hughes has delivered a robust return of 34.66%, significantly higher than the S&P 500's 16.09%. The company has also demonstrated strong long-term growth, with a remarkable 130.68% increase over the past three years and an impressive 271.06% rise over the last five years.

Financially, Baker Hughes maintains a low Debt to EBITDA ratio of 0.80 times, indicating a strong ability to service its debt. The company has reported positive results for nine consecutive quarters, with a net profit of USD 2,381.57 million for the first nine months of the year. With high institutional holdings at 100%, Baker Hughes continues to showcase its market position within the construction industry.