Shares of Superior Energy Services (SPN) Drops by -1.1%

Superior Energy Services (SPN) : During the past 4 weeks, traders have been relatively bearish on Superior Energy Services (SPN), hence the stock is down -8.01% 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 -2.55% relative to the S&P 500. The 4-week change in the price of the stock is -3.99% and the stock has fallen -1.1% in the past 1 week. The stock has recorded a 20-day Moving Average of 1.55% and the 50-Day Moving Average is 3.26%.

Superior Energy Services (NYSE:SPN): The stock opened at $18.71 on Friday but the bulls could not build on the opening and the stock topped out at $18.76 for the day. The stock traded down to $17.94 during the day, due to lack of any buying support eventually closed down at $18.04 with a loss of -2.01% for the day. The stock had closed at $18.41 on the previous day. The total traded volume was 4,066,039 shares.


The company Insiders own 2.91% of Superior Energy Services shares according to the proxy statements. In a related news,The officer (Senior Executive Vice Pres.) of Superior Energy Services Inc, Bernard A Patrick sold 37,500 shares at $22.09 on February 26, 2015. The Insider selling transaction had a total value worth of $828,375. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Superior Energy Services, Inc. is engaged in exploration, development and production of oil and natural gas. The Company serves national and independent oil and natural gas companies around the world. Its segments include Drilling Products and Services, Onshore Completion and Workover Services, Production Services and Technical Solutions. The Drilling Products and Services segment includes downhole drilling tools and surface rentals. The Onshore Completion and Workover Services segment includes pressure pumping, fluid handling and workover and maintenance services. The Production Services segment includes intervention services and specialized pressure-control tools used for pressure control and intervention operations. The Technical Solutions segment includes products and services that address customer-specific needs with their applications for specialized engineering, manufacturing or project planning.

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