Quintana Energy Services Inc (QES) Insider Acquires $13,473.00 in Stock

Quintana Energy Services Inc (NYSE:QES) insider Geoffrey C. Stanford bought 2,700 shares of the stock in a transaction on Tuesday, March 12th. The stock was purchased at an average price of $4.99 per share, with a total value of $13,473.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of NYSE QES traded up $0.15 during midday trading on Thursday, reaching $4.88. The company had a trading volume of 5,089 shares, compared to its average volume of 9,127. The stock has a market cap of $166.15 million and a P/E ratio of -9.76. Quintana Energy Services Inc has a 1 year low of $3.25 and a 1 year high of $10.67. The company has a current ratio of 1.79, a quick ratio of 1.60 and a debt-to-equity ratio of 0.16.

QES has been the subject of several recent analyst reports. Capital One Financial downgraded shares of Quintana Energy Services from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, January 16th. Barclays downgraded shares of Quintana Energy Services from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $7.00 to $4.50 in a research note on Tuesday. Zacks Investment Research upgraded shares of Quintana Energy Services from a “sell” rating to a “hold” rating in a research note on Thursday, March 7th. Finally, Citigroup raised their target price on shares of Quintana Energy Services from $4.25 to $5.50 and gave the company a “neutral” rating in a research note on Tuesday. Six equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average price target of $7.06.



Hedge funds and other institutional investors have recently bought and sold shares of the business. Stephens Inc. AR purchased a new position in shares of Quintana Energy Services in the fourth quarter worth $35,000. Strs Ohio raised its holdings in shares of Quintana Energy Services by 105.4% in the fourth quarter. Strs Ohio now owns 19,800 shares of the company’s stock worth $68,000 after buying an additional 10,162 shares during the last quarter. Bridgeway Capital Management Inc. purchased a new position in shares of Quintana Energy Services in the third quarter worth $189,000. Dimensional Fund Advisors LP purchased a new position in shares of Quintana Energy Services in the third quarter worth $207,000. Finally, Northern Trust Corp raised its holdings in shares of Quintana Energy Services by 15.3% in the second quarter. Northern Trust Corp now owns 71,724 shares of the company’s stock worth $608,000 after buying an additional 9,507 shares during the last quarter. 16.93% of the stock is owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: This piece was published by Dakota Financial News and is owned by of Dakota Financial News. If you are viewing this piece on another site, it was stolen and republished in violation of US & international copyright and trademark law. The original version of this piece can be read at https://dakotafinancialnews.com/2019/03/14/quintana-energy-services-inc-qes-insider-acquires-13473-00-in-stock.html.

About Quintana Energy Services

Quintana Energy Services Inc provides oilfield services to onshore oil and natural gas exploration and production companies operating in conventional and unconventional plays in the United States. It operates through four segments: Directional Drilling Services, Pressure Pumping Services, Pressure Control Services, and Wireline Services.

Further Reading: No Load Funds

Receive News & Ratings for Quintana Energy Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quintana Energy Services and related companies with MarketBeat.com's FREE daily email newsletter.