Quanta Services (PWR) Shares are Down -0.24%

Quanta Services (PWR) has risen sharply, recording gains of 10.39% in the past 4 weeks. However, the stock has corrected -0.24% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.4% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Quanta Services (NYSE:PWR): The stock opened at $25.33 on Friday but the bulls could not build on the opening and the stock topped out at $25.42 for the day. The stock traded down to $25.15 during the day, due to lack of any buying support eventually closed down at $25.40 with a loss of -0.08% for the day. The stock had closed at $25.42 on the previous day. The total traded volume was 1,190,975 shares.

Quanta

The stock has recorded a 20-day Moving Average of 5.3% and the 50-Day Moving Average is 7.33%. Quanta Services, Inc. is up 8.5% in the last 3-month period. Year-to-Date the stock performance stands at 25.43%.

Quanta Services, Inc. (Quanta) is a provider of specialty contracting services, offering infrastructure solutions primarily to the electric power, and natural gas and oil pipeline industries. The Company operates in two segments, such as electric power infrastructure services, and oil and gas infrastructure services. The Electric Power Infrastructure Services segment provides network solutions to the electric power industry. Its Electric Power Infrastructure Services segment includes various services, such as design, installation and maintenance of electric power transmission and distribution infrastructure and substation facilities, among others. The Oil and Gas Infrastructure Services segment provides network solutions to customers of development and transportation of natural gas and oil. Its Oil and Gas Infrastructure Services segment include the design, installation and maintenance of pipeline transmission, distribution systems and gathering systems, among others.

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