Pioneer Energy Services Corp. (OTCMKTS:PESXQ – Get Free Report) shares passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $0.03 and traded as high as $0.0330. Pioneer Energy Services shares last traded at $0.0266, with a volume of 464,700 shares changing hands.
Pioneer Energy Services Stock Performance
The company’s 50 day simple moving average is $0.03 and its 200 day simple moving average is $0.03.
Pioneer Energy Services Company Profile
Pioneer Energy Services Corporation was an oilfield services company that provided contract drilling and production services to oil and natural gas exploration and production companies. Its operations were focused on onshore properties in the United States.
The company’s drilling business operated land-based drilling rigs used to drill and develop oil and gas wells. Its production services business supported existing wells through services such as well servicing and related field operations.
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