Key Energy Services (NYSE:KEG) : During the past 4 weeks, traders have been relatively bearish on Key Energy Services (NYSE:KEG), hence the stock is down -31.08% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -9.67% relative to the S&P 500. The 4-week change in the price of the stock is -29.97% and the stock has fallen -8.51% in the past 1 week.
The company shares have dropped -83.70% from its 1 Year high price. On Jul 16, 2015, the shares registered one year high at $1.59 and the one year low was seen on Feb 25, 2016. The 50-Day Moving Average price is $0.27 and the 200 Day Moving Average price is recorded at $0.34.
The stock has recorded a 20-day Moving Average of 12.28% and the 50-Day Moving Average is 33.36%.
Key Energy Services (NYSE:KEG): On Fridays trading session , Opening price of the stock was $0.2289 with an intraday high of $0.2299. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $0.2151. However, the stock managed to close at $0.2171, a loss of 1.36% for the day. On the previous day, the stock had closed at $0.2201. The total traded volume of the day was 2,022,274 shares.
Key Energy Services, Inc. is an onshore, rig-based well servicing contractor. The Company operates in five segments: U.S. Rig Services, which include the completion of newly drilled wells, workover and recompletion of existing oil and natural gas wells, well maintenance, and abandonment of wells; Fluid Management Services, which provides transportation and well-site storage services for various fluids utilized in connection with drilling and maintenance activities; Coiled Tubing Services, which involves the use of a continuous metal pipe spooled onto a reel; Fishing and Rental Services, which offers a line of services and rental equipment designed for use in onshore and offshore drilling and workover services, and International, which includes operations in Mexico, Colombia, Ecuador, the Middle East and Russia. The Companys customers include oil companies, foreign national oil companies and independent oil and natural gas production companies.