04 July, 2017
The share price of the company (NYSE:BAS) was up +1.61%, with a high of 22.28 during the day and the volume of Basic Energy Services, Inc. shares traded was 663104. They now have a United States dollars 3 price target on the stock.
12/29/2016 - Basic Energy Services, Inc. was upgraded to "accumulate" by analysts at Johnson Rice.
Several other equities research analysts also recently commented on the company. After $-0.87 actual EPS reported by Basic Energy Services, Inc. for the previous quarter, Wall Street now forecasts -32.18 % EPS growth. Howard Weil maintained Basic Energy Services, Inc. Jennison Associates LLC purchased a new stake in shares of Basic Energy Services during the first quarter worth approximately $14,423,000. Parkwood LLC boosted its position in Basic Energy Services by 2,048.1% in the first quarter. Citadel Advisors LLC now owns 551,233 shares of the oil and gas company's stock worth $18,389,000 after buying an additional 384,228 shares in the last quarter. Institutional investors and hedge funds own 97.41% of the company's stock. Seaport Global Securities raised shares of Basic Energy Services from a "neutral" rating to a "buy" rating in a report on Thursday, March 30th. (NYSE:BAS) earned "Underperform" rating by Macquarie Research on Wednesday, September 9.
About 59,488 shares traded. The stock's market capitalization is $631.00 million. The firm has a 50 day moving average price of $26.83 and a 200 day moving average price of $33.38. Lastly, Airain purchased a fresh position in Basic Energy Services during the Q1 assessed at roughly $518,000.
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04/22/2016 - Basic Energy Services, Inc. had its "market perform" rating reiterated by analysts at Cowen.
Analysts await Allstate Corp (NYSE:ALL) to report earnings on August, 2. Instinet reissued a buy rating on shares of Basic Energy Services in a report on Wednesday, April 19th. Finally, Zacks Investment Research downgraded shares of Basic Energy Services from a "buy" rating to a "hold" rating in a report on Tuesday, March 28th.
Stocks of Basic Energy Services, (NYSE:BAS) started trading at 23.34 on early Wednesday. Nomura assumed coverage on Basic Energy Services in a note on Wed, Apr 19th. If the $21.60 price target is reached, the company will be worth $16.74 million less. Deutsche Bank maintained the stock with "Hold" rating in Thursday, March 30 report. Nine financial stock experts recommended the company shares with a hold recommendation and around three have issued a buy recommendation to the share. The company now has an average rating of Hold and an average price target of $11.20. Concourse Capital Management Llc sold 39,103 shares as Liberty Global Plc (LBTYK)'s stock declined 17.26%. Shares were disposed in a price range of $35.68, amounting to $424,592.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 457,904 shares of the company's stock were exchanged.
