Key Energy Services (KEG) : During the past 4 weeks, traders have been relatively bearish on Key Energy Services (KEG), hence the stock is down -23.26% 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 -9.23% relative to the S&P 500. The 4-week change in the price of the stock is -19.9% and the stock has fallen -7.88% in the past 1 week. The stock has recorded a 20-day Moving Average of 12.28% and the 50-Day Moving Average is 32.98%.
Key Energy Services (NYSE:KEG): The stock opened at $0.20 on Friday but the bulls could not build on the opening and the stock topped out at $0.21 for the day. The stock traded down to $0.20 during the day, due to lack of any buying support eventually closed down at $0.20 with a loss of -0.50% for the day. The stock had closed at $0.20 on the previous day. The total traded volume was 2,722,113 shares.
The company Insiders own 3.96% of Key Energy Services shares according to the proxy statements. Institutional Investors own 48.64% of Key Energy Services 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.