Key Energy Svcs (KEG) Drops 13.25% on January 25

Equities Staff |

Key Energy Svcs (KEG) was one of the Russell 2000's biggest losers for Monday January 25 as the stock slid 13.25% to $0.30, a loss of $-0.0457 per share. Starting at an opening price of $0.34 a share, the stock traded between $0.29 and $0.37 over the course of the trading day. Volume was 1.19 million shares over 1,141 trades, against an average daily volume of 2.16 million shares and a total float of 157.57 million.

The losses send Key Energy Svcs down to a market cap of $47.13 million. In the last year, Key Energy Svcs has traded between $2.79 and $0.20, and its 50-day SMA is currently $0.46 and 200-day SMA is $1.13.

Key Energy Services Inc is an onshore, rig-based well servicing contractor. The Company provides well services to oil companies, foreign national oil companies and independent oil and natural gas production companies.

Key Energy Svcs is based out of Houston, TX and has some 8,100 employees. Its CEO is Richard J. Alario.

For a complete fundamental analysis analysis of Key Energy Svcs, check out Equities.com’s Stock Valuation Analysis report for KEG. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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