Key Energy Services (KEG) Moving On Heavy Volume In The Pre-Market Hours

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Trade-Ideas LLC identified Key Energy Services ( KEG) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Key Energy Services as such a stock due to the following factors:

  • KEG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.6 million.
  • KEG traded 250,800 shares today in the pre-market hours as of 8:59 AM, representing 12.1% of its average daily volume.

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More details on KEG:

Key Energy Services, Inc. operates as an onshore rig-based well servicing contractor in the United States and internationally. The company operates in U.S. and International segments. Currently there are 3 analysts that rate Key Energy Services a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Key Energy Services has been 2.5 million shares per day over the past 30 days. Key Energy Services has a market cap of $1.3 billion and is part of the basic materials sector and energy industry. The stock has a beta of 2.52 and a short float of 6.2% with 3.70 days to cover. Shares are up 4.7% year-to-date as of the close of trading on Wednesday.

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