Pioneer Energy Services (OTCMKTS:PESXQ) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Pioneer Energy Services Corp. (OTCMKTS:PESXQ – Get Free Report) crossed above its 200-day moving average during trading on Friday. The stock has a 200-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 traded.

Pioneer Energy Services Stock Performance

The stock has a 50 day moving average price of $0.03 and a two-hundred day moving average price of $0.03.

Pioneer Energy Services Company Profile

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Pioneer Energy Services was an oilfield services company that provided contract drilling and production-related services to oil and natural gas exploration and production companies. Its operations were focused primarily on land-based activities, supporting customers throughout the life cycle of a well.

The company’s services historically included contract drilling with a fleet of land rigs, as well as well-servicing and workover operations. These production services supported well completion, maintenance, repair and other activities intended to help operators develop and maintain oil and gas properties.

Pioneer Energy Services served customers in the United States and historically maintained operations in Colombia.

Further Reading

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