Could Pioneer Energy Services Corp(NYSE:PES), W&T Offshore, Inc.(NYSE:WTI) and Siemens AG (ADR)(OTCMKTS:SIEGY) Be Smart Investment Options?
New York, NY – GDP INSIDER – 01/15/2015.
This article discusses three companies: Pioneer Energy Services Corp(NYSE:PES), W&T Offshore, Inc.(NYSE:WTI) and Siemens AG (ADR)(OTCMKTS:SIEGY)
Pioneer Energy Services Corp(NYSE:PES) plunged 11.46% during yesterday’s trading to $0.51 per shares as the stock hit its 52-week low of $3.74 during intraday trading and closed its trading session at $3.94. The $283.93 million market cap stock, which traded within a range of $3.74 to $4.35 after opening the day at $4.21 yesterday, had a trading volume of 2.67 million, a figure which is 1.31 million greater than its 30-day average trading volume of 1.36 million. On January 14, analysts at Raymond James downgraded their rating on the shares of Pioneer Energy Services Corp from market perform to underperform. Pioneer Energy Services Corp is set to release its 4Q14 earnings on February 11th, 2015.
W&T Offshore, Inc.(NYSE:WTI) gained 2.85% to $0.17 per share during yesterday’s trading and closed the day to a new closing price of $6.13. The stock gained an additional 6.36% to $0.39 during afterhours trading. The stock traded within a range of $5.72 to $6.18 during intraday trading and traded 2.52 million shares. Recently, analysts at Barclays reiterated their equal weight rating on the shares of W&T Offshore, Inc and lowered its price target to $12 to $5 per share. W&T Offshore, Inc has a beta of 2.05, indicating that the stock is 105% more volatile than the market, and an earnings per share of $0.14.
Siemens AG (ADR)(OTCMKTS:SIEGY) had a trading volume of 91,015, which is greater than its 30-day average trading volume of 140,196. The stock has a beta of 1.58 and an earnings per share of $7.28. Siemens AG gained 0.57% during yesterday’s trading and closed its trading session at $110.22. The stock also gained an additional 0.24% to $0.26 during afterhours trading. Recently, analysts at BNP Paribas to a buy rating from reduce rating. The company has traded within a range of $103.20 to $137.94 over the past 52-weeks.
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