Quintana Energy Services Inc (QES) stock is down 13.11% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With QES Stock Today?
Quintana Energy Services Inc (QES) stock has fallen -16.93% while the S&P 500 has risen 0.43% as of 2:54 PM on Wednesday, Jun 24. QES is down -$0.22 from the previous closing price of $1.27 on volume of 73,659 shares. Over the past year the S&P 500 is higher by 6.31% while QES is down -44.21%. QES lost -$2.60 per share in the over the last 12 months.
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More About Quintana Energy Services Inc
Quintana Energy Services Inc is a US-based company which acts as a provider of diversified oilfield services to onshore oil and natural gas E&P (Exploration and Production) companies. Its operating segments are Directional drilling services which enable efficient drilling and guidance of the horizontal section of a wellbore; Pressure pumping services which include hydraulic fracturing, cementing and acidizing services, Pressure control services which provides various forms of well control for completions and workover applications through coiled tubing units, rig-assisted snubbing units and ancillary equipment; and Wireline services providing a range of pump-down services in support of unconventional completions, and cased-hole wireline services enabling reservoir characterization.
