Superior Energy Services, Inc. s chart and data analysis indicates that the stock price has dropped -4.86% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 2.37% . Looking at the past 52 week period, the stock price is up at 68.69% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Superior Energy Services, Inc. has a positive value of 26.06 compared to overall market.
Superior Energy Services, Inc. stock has recorded a 20-day Moving Average of 6.06% and the 50-Day Moving Average is 6.54%.The 200 Day SMA reached 3.7%Superior Energy Services, Inc. is having a Relative Strength Index of 40.87 which indicates the stock is not yet over sold or over bought based on the technical indicators.Stocks of Superior Energy Services, Inc. (NYSE:SPN) rallied by 0.06% during the past week but lost 5.14% on a 4-week basis. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.62%. Superior Energy Services, Inc. (NYSE:SPN) has underperformed the index by 8.05% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Superior Energy Services, Inc. (NYSE:SPN) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.04 points or 0.24% at $16.43 with 3,751,719 shares getting traded. Post opening the session at $16.23, the shares hit an intraday low of $16.06 and an intraday high of $16.72 and the price was in this range throughout the day. The company has a market cap of $2,493 million and the number of outstanding shares has been calculated to be 151,741,330 shares. The 52-week high of Superior Energy Services, Inc. (NYSE:SPN) is $19.83 and the 52-week low is $8.25.
Currently the company Insiders own 2.91% of Superior Energy Services, Inc. shares according to the proxy statements. Company has reported several Insider transactions to the SEC, on Feb 27, 2015, A Patrick Bernard (Senior Executive Vice Pres.) sold 37,500 shares at 22.09 per share price.On Feb 27, 2015, Lynton G Iii Cook (Executive Vice President) sold 28,029 shares at 22.18 per share price.On Feb 25, 2015, Danny R Young (Executive Vice President) sold 37,500 shares at 21.38 per share price.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Superior Energy Services was Downgraded by Jefferies to Hold on Feb 17, 2017. Superior Energy Services was Initiated by SunTrust to Hold on Jan 18, 2017. Superior Energy Services was Upgraded by Credit Suisse to Outperform on Jan 4, 2017. Superior Energy Services was Initiated by Gabelli & Co on Dec 13, 2016 to Buy, Price Target of the shares are set at $27.
Superior Energy Services Last issued its quarterly earnings results on Feb 21, 2017. The company reported $-0.74 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $-0.77. The company had revenue of $354.42 million for the quarter, compared to analysts expectations of $340.15 million. The companys revenue was down -35.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.41 EPS.
SUPERIOR ENERGY SERVICES, INC. is engaged in the business of providing offshore plugging and abandonment and wireline services in the Gulf of Mexico, the development, manufacture and sale of electronic torque and pressure control equipment and thread protectors which are used in connection with oil and gas exploration, the development, manufacture and sale of oil spill containment boom and ancillary equipment and the rental of specialized oil well equipment and fishing tools.