Pioneer Energy Services (OTCMKTS:PESXQ) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Pioneer Energy Services Corp. (OTCMKTS:PESXQGet Free Report)’s share price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.03 and traded as high as $0.03. Pioneer Energy Services shares last traded at $0.03, with a volume of 464,700 shares changing hands.

Pioneer Energy Services Stock Performance

The stock has a 50-day simple moving average of $0.03 and a 200-day simple moving average of $0.03.

About Pioneer Energy Services

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Pioneer Energy Services Corp. provides land-based drilling and production services to oil and gas exploration and production companies. It provides contract land drilling services in the Marcellus/Utica, Permian Basin and Eagle Ford, and Bakken regions, as well as in Colombia. The company operates 16 AC rigs in the United States and 8 SCR rigs in Colombia.

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