Pioneer Energy Services (PES) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Pioneer Energy Services (PES) experienced unusually high volume on Dec. 21, as the stock lost 1.79% to a closing price of $2.20. The stock saw 2.43 million shares trade hands over the course of the day on 5,188 trades. Given that the stock’s average daily volume over the last month has been 985,366 shares a day, this represents a pretty substantial spike over the norm.

Pioneer Energy Services has a P/B ratio of 0.37. The stock has traded between $8.69 and $1.91 over the last 52-weeks, its 50-day SMA is now $2.64, and its 200-day SMA $4.40.

Pioneer Energy Services Corp provides drilling services & production services to a group of independent and large oil and gas exploration & production companies throughout much of the onshore oil & gas producing regions of the USA & Colombia.

Headquartered in San Antonio, TX, Pioneer Energy Services has 3,400 employees and is currently under the leadership of CEO William Stacy Locke.

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

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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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