Superior Energy Services (SPN) : During the past 4 weeks, traders have been relatively bearish on Superior Energy Services (SPN), hence the stock is down -14.41% 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 -0.24% relative to the S&P 500. The stock has risen by 0.19% in the past week indicating that the buyers are active at lower levels, but the stock is down -12.28% in the past 4 weeks.
Superior Energy Services (NYSE:SPN): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $15.56 and $15.41 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.06. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.00, notching a gain of 3.03% for the day. The total traded volume was 2,730,373 . The stock had closed at $15.53 on the previous day.
The stock has recorded a 20-day Moving Average of 6.08% and the 50-Day Moving Average is 9.69%. Superior Energy Services, Inc. is up 1.27% in the last 3-month period. Year-to-Date the stock performance stands at 19.8%.
Superior Energy Services (SPN) : Currently there are 18 street experts covering Superior Energy Services (SPN) stock. The most bullish and bearish price target for the stock is $27 and $13 respectively for the short term. The average price target of all the analysts comes to $20.72. The estimated standard deviation from the target is $3.48.
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.