Pioneer Energy Services (PES) Jumps 7.45% on January 14

Equities Staff |

Pioneer Energy Services (PES) was among the biggest gainers on the Russell 2000 for Thursday January 14 as the stock popped 7.45% to $1.52, representing a gain of $0.105 per share. Some 567,257 shares traded hands on 2,339 trades, compared with an average daily volume of 1.18 million shares out of a total float of 64.5 million. The stock opened at $1.41 and traded with an intraday range of $1.56 to $1.31.

After today's gains, Pioneer Energy Services reached a market cap of $97.71 million. Pioneer Energy Services has had a trading range between $8.69 and $1.39 over the last year, and it had a 50-day SMA of $2.39 and a 200-day SMA of $4.17.

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.

Pioneer Energy Services is based out of San Antonio, TX and has some 3,400 employees. Its CEO is 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.

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.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

IBC Advanced Alloys Corp.

IBC Advanced Alloys Corp is engaged in the production and development of specialty alloy products. Its products include copper alloys and berryllium aluminium alloys.

Private Markets

Cross Campus

With over 500 members and operating 80,000 square feet by summer 2016, Cross Campus is one of the country’s top ten shared, collaborative office or "coworking" operators in the US.…

Spotify

Spotify is a online music service offering providing digital content from a range of record labels and artists. Users can browse through the interface by artist, album, genre, playlist, record…