Zacks Investment Research downgraded Key Energy Services, Inc. (NASDAQ:KEGX) to Sell in a statement released earlier today.
- Updated: September 17, 2016
Zacks Investment Research has downgraded Key Energy Services, Inc.(NASDAQ:KEGX) to Sell in a statement released on 8/19/2016.
Boasting a price of $0.09, Key Energy Services, Inc. (NASDAQ:KEGX) traded 2.71% lower on the day. The last stock price close is down 82.56% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time. KEGX has logged a 50-day average of $0.08 and two hundred day average of $0.27. Trading volume was was down over the average, with 1,457,961 shares of KEGX changing hands under the typical 2,915,100 shares.
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Key Energy Services, Inc. has a 52 week low of $0.05 and a 52 week high of $0.95 and has a market capitalization of $0.0.
Brief Synopsis On Key Energy Services, Inc. (NASDAQ:KEGX)
Key Energy Services, Inc. is an onshore, rig-based well servicing contractor. The Company provides a range of well services to oil companies, foreign national oil companies, and independent oil and natural gas production companies. The Company operates in five segments: U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services, and International. Its U.S. Rig Services, Fluid Management Services, Coiled Tubing Services, Fishing and Rental Services operate geographically within the United States. The International segment includes its operations in Mexico, Colombia, Ecuador, Russia, Bahrain and Oman. The Company’s services include rig-based and coiled tubing-based well maintenance and workover services, well completion and recompletion services, fluid management services, fishing and rental services, and other ancillary oilfield services. Additionally, and certain of its rigs provide specialty drilling applications.
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