Basic Energy Services, Inc. (BAS) Declines to All-Time Low at $11.14 on Jun, 29

June 29, 2018 - By Gregory Tomko

Today, Jun, 29 Basic Energy Services, Inc. (NYSE:BAS) with $11.14 price per share, hit all time low. $10.80 target or 3.00 % below is our PT. Barchart.com posted the all time low. Basic Energy Services, Inc. (NYSE:BAS) has $294.21 million MC. At our $10.80 target, the company worth will be $8.83 million less.

BAS hit $11.135 during the last trading session after $0.175 change.Currently Basic Energy Services, Inc. is downtrending after 52.45% change in last June 29, 2017. BAS has also 448,797 shares volume. BAS underperformed the S&P 500 by 65.02%.

On July, 26 is anticipated Basic Energy Services, Inc. (NYSE:BAS)’s earnings report, according to Zacks. Analysts expect change of 5.26 % or $0.03 from previous year’s $-0.57 EPS compared to current’s $-0.54 EPS. After $-0.87 EPS report previous quarter, Wall Street now sees -37.93 % EPS growth of Basic Energy Services, Inc..

Basic Energy Services, Inc. (NYSE:BAS) Ratings Coverage

A total of 4 analysts rate Basic Energy Servs (NYSE:BAS) as follows: 3 “Buy”, 1 “Hold” and 0 “Sell”. Тherefore 75% are bullish. (NYSE:BAS) has 5 ratings reports on Jun 29, 2018 according to StockzIntelligence. In Monday, May 7 report Piper Jaffray upgraded the stock to “Buy” rating. On Wednesday, January 17 the rating was maintained by Seaport Global with “Buy”. On Monday, May 7 the rating was upgraded by PiperJaffray to “Overweight”. On Sunday, April 1 the rating was maintained by Piper Jaffray with “Hold”.

There’s a significant Basic Energy Services, Inc. (NYSE:BAS) news posted by Nasdaq.com. It’s an item titled: “Recent Analysis Shows Cigna, Basic Energy Services, KalVista Pharmaceuticals, QuinStreet, Armstrong World …” on June 25, 2018.

Basic Energy Services, Inc. provides well site services to oil and natural gas drilling and producing companies in the United States.The company has $294.21 million market cap. The Company’s Completion and Remedial Services segment offers pumping services, such as cementing, acidizing, fracturing, nitrogen, and pressure testing; rental and fishing tools; coiled tubing; snubbing services; thru-tubing; cased-hole wireline services; and underbalanced drilling in low pressure and fluid sensitive reservoirs.Currently it has negative earnings. This segment operates 281 pumping units; and 47 air compressor packages.

Basic Energy Services, Inc. (NYSE:BAS) Analyst Ratings Chart

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