Pioneer Energy Services (OTCMKTS:PESXQ) Shares Cross Above Two Hundred Day Moving Average – Here’s What Happened

Shares of Pioneer Energy Services Corp. (OTCMKTS:PESXQ – Get Free Report) crossed above its two hundred day moving average during trading on Thursday . 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.

Pioneer Energy Services Price Performance

The business’s fifty day moving average is $0.03 and its 200-day moving average is $0.03.

Pioneer Energy Services Company Profile

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Pioneer Energy Services is an oilfield services company headquartered in Calgary, Alberta, offering a full suite of contract drilling and wellsite rental solutions to exploration and production companies. The firm’s drilling segment operates a fleet of mechanical, hydraulic and workover rigs designed for a variety of drilling environments, including vertical, horizontal and extended-reach applications. Pioneer’s drilling teams leverage advanced technologies and operational best practices to optimize wellbore placement and drilling efficiency for its customers.

Complementing its drilling operations, Pioneer’s rental business provides equipment and personnel for downhole intervention and completion support.

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