Analyst Commentary On Pioneer Energy Services Corp. (PES), Seabridge Gold Inc. (SA)

Pioneer Energy Services Corp. (NYSE:PES) is gaining traction with investors, as evidenced by its 0.29 million shares volume. The daily trading volume average remained 0.58 million shares over the course of 3 months. The stock had opened the regular trading at $2.05 and managed a 2.5% price change to reach $2.05 through the close.

Pioneer Energy Services Corp. (PES) Analyst Opinion

Pioneer Energy Services Corp. has a consensus outperform rating from 10 Wall Street analysts, and the number of shares currently sold short amount to at least 4.9% of shares outstanding. The stock spiked 13.89% last month and is down -70.07 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover PES having a buy-equivalent rating. Analysts have placed a $2.88 price target on Pioneer Energy Services Corp., suggesting a 40.49% gain from recent close. It’s currently trading about -71.53% below its 52-week high.

Pioneer Energy Services Corp. Earnings Surprise

Pioneer Energy Services Corp. (PES) failed to surprise the stock market in its last reported earnings when it earned -$0.15 a piece versus the consensus-estimated -$0.14. Its revenue totaled $115.7 million up 8% from the previous quarter.

Pioneer Energy Services Corp. (NYSE:PES) Intraday View

This stock (PES) is ahead of its 52-week low with 28.12%. Its last month’s stock price volatility remained 4.5% which for the week stands at 6.86%. The share price has moved backward from its 20 days moving average, trading at a distance of 0% and stays -5.96% away from its 50 days moving average. Over the last five days, shares have managed 2.5% gains and now is down -29.26% since hitting its 200-day moving average of $2.21. Pioneer Energy Services Corp. (PES) has made its way to a 12-month decline of -53.41%.

Turning to Seabridge Gold Inc. (NYSE:SA), its shares were trading at $11.2 a gain of $0.05, on the trading floor. The stock, after opening at $11.2, touched a high of $11.3 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 0. Seabridge Gold Inc. has 1 buy ratings, 0 holds and 0 sells even after the stock tumbled -18.25% from its high of $13.70 to a $642.1 million market value through last close.

Seabridge Gold Inc. (NYSE:SA) Intraday Trading

The counter witnessed a trading volume of 0.28 million shares versus an average volume of 0.41 million shares during last trading session. Its last month’s stock price volatility remained 4.5% which for the week approaches 3.93%. The lowest price the stock reached in the last trading day was $11 and compares with the $7.35 52-week low. The stock recovered 52.38% since its low point and has performed 37.42% year-to-date.

SHARE
Previous articleStreet Analysts View On Vical Incorporated (VICL), AmTrust Financial Services, Inc. (AFSI)
Next articleAnalyst Stance On Two Stocks: Boingo Wireless, Inc. (WIFI), WildHorse Resource Development Corporation (WRD)