Pioneer Energy Services Corp (NYSE:PES) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Zacks Investment Research has downgraded Pioneer Energy Services Corp(NYSE:PES) to Sell in a report released on Saturday August 20 2016.
Just yesterday Pioneer Energy Services Corp (NYSE:PES) traded 1.20% lower at $3.47. The company’s 50-day moving average is $3.44 and its 200-day average is $3.25. The last close is up 0.80% relative to the two hundred day average, compared to the S&P 500 Index which has decreased -0.01% over the date range. Trade volume was was down over the average, with 888,511 shares of PES changing hands under the typical 986,386 shares..
See Chart Below:
Pioneer Energy Services Corp has a 52 week low of $0.95 and a 52 week high of $5.05 . The company’s total market value is presently $0.0.
Also covering Pioneer Energy Services Corp’s target price, a total of 8 brokerages have reported on PES. The consensus target is $2.14 with 0 rating the company a strong buy, one analyst rating the company a buy, 10 firms rating the stock a hold, one firm rating the stock to underperform, and finally 0 brokeragesrating the stock as sell.
General Information About Pioneer Energy Services Corp (NYSE:PES)
Pioneer Energy Services Corp. provides land-based drilling services and production services to oil and gas exploration, and production companies in the United States and internationally in Colombia. The Company operates through two segments: Drilling Services and Production Services. The Drilling Services Segment provides contract land drilling services to a group of exploration and production companies through its four drilling divisions in the United States, and internationally in Colombia. The Production Services Segment provides a range of services, including well servicing, wireline services and coiled tubing services, to a group of exploration and production companies, with its operations concentrated in the United States onshore oil and gas producing regions in the Mid-Continent and Rocky Mountain states and in the Gulf Coast, and both onshore and offshore. The Company also provides coiled tubing and wireline services offshore in the Gulf of Mexico.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.