Quanta Services (PWR) : Traders are bullish on Quanta Services (PWR) as it has outperformed the S&P 500 by a wide margin of 1.78% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.89%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.23% in the last 1 week, and is up 1.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.53% and the fifty day Moving Average is 5.32%. Quanta Services, Inc. is up 9.89% in the last three month period. Year-to-Date the stock performance stands at 28.4%.
Quanta Services (PWR) : The most positive equity analysts on Quanta Services (PWR) expects the shares to touch $30, whereas, the least positive believes that the stock will trade at $24 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $27.4 with an expected fluctuation of $1.84 from the mean.
Quanta Services (NYSE:PWR): On Fridays trading session , Opening price of the stock was $26.32 with an intraday high of $26.43. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $25.93. However, the stock managed to close at $26, a loss of 0.84% for the day. On the previous day, the stock had closed at $26.22. The total traded volume of the day was 1,780,168 shares.
Quanta Services, Inc. (Quanta) is a provider of specialty contracting services, offering infrastructure solutions primarily to the electric power, and natural gas and oil pipeline industries. The Company operates in two segments, such as electric power infrastructure services, and oil and gas infrastructure services. The Electric Power Infrastructure Services segment provides network solutions to the electric power industry. Its Electric Power Infrastructure Services segment includes various services, such as design, installation and maintenance of electric power transmission and distribution infrastructure and substation facilities, among others. The Oil and Gas Infrastructure Services segment provides network solutions to customers of development and transportation of natural gas and oil. Its Oil and Gas Infrastructure Services segment include the design, installation and maintenance of pipeline transmission, distribution systems and gathering systems, among others.