Quanta Services (NYSE:PWR) has tumbled 1.47% during the past week and has dropped 1.91% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 0.26%. Quanta Services (NYSE:PWR) has underperformed the index by 3.12% in the last 4 weeks. Investors should watch out for further signals and trade with caution. Quanta Services, Inc. is up 16.97% in the last 3-month period. Year-to-Date the stock performance stands at 9.28%. The company shares have dropped -23.69% from its 1 Year high price. On Jun 23, 2015, the shares registered one year high at $30.61 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $21.50 and the 200 Day Moving Average price is recorded at $20.94.
Investment Firm, Pillar Pacific Capital cut down its position in PWR by selling 2,570 shares or 15.52% during the fourth quarter. The investment management company now holds 13,990 shares of PWR which is valued at $315,614. PWR makes up approx 0.06% of Pillar Pacific Capital s portfolio. Also, Ntv Asset sold out all of its stake in PWR during the fourth quarter. The investment firm sold 11,100 shares of PWR which is valued $249,306.
Quanta Services (NYSE:PWR) : On Friday heightened volatility was witnessed in Quanta Services (NYSE:PWR) which led to swings in the share price. The stock opened for trading at $22.12 and hit $22.425 on the upside , eventually ending the session at $22.13, with a gain of 1.33% or 0.29 points. The heightened volatility saw the trading volume jump to 1,754,983 shares. The 52-week high of the share price is $30.61 and the company has a market cap of $3,384 million. The 52-week low of the share price is at $16.77 .
Many analysts have stated their opinion on the company shares. Brokerage firm Deutsche Bank assumes its rating on Quanta Services (NYSE:PWR). In a research note issued to the investors, the brokerage major announces price-target of $29 per share.The shares have been rated Buy. The rating by the firm was issued on April 6, 2016.
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.