(MENAFN- Investor Brand Network) Quanta Services Inc. (NYSE:PWR) traded today at a new 52-week high of $117.19. This new high was reached on below average trading volume as 144,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.
Quanta Services Inc provides specialty contracting services and infrastructure solutions for the electric power, energy, and communication industries. It designs, installs, and repairs electric power networks, renewable energy facilities, and other infrastructure systems and facilities. The company has two business segments: Electric power infrastructure services (the majority of revenue), and Underground Utility and Infrastructure Solutions. It provides services for renewable energy solutions, including solar, wind, and natural gas. In addition, Quanta Services provides solutions for developing and transporting natural gas, oil, and other pipeline products. It derives the majority of its sales from the United States.
Over the past year, Quanta Services Inc. has traded in a range of $48.53 to $117.19 and is now at $114.86, 137% above that low.
Quanta Services Inc. (NYSE:PWR) defies analysts with a current price ($114.86) 16.9% above its average consensus price target of $95.48.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights , please visit
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years . Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series . With a proven track record serving 500+ client partners , IBN is the key to a more effective market communication campaign.
For more information, please visit
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published:
MENAFN13092021000224011066ID1102789620
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.