Shares of Quanta Services Inc. (PWR) Have Risen Above Previous 52-Week High

September 2, 2021 09:52:52

Shares of Quanta Services Inc. (NYSE:PWR) traded at a new 52-week high today of $114.73. So far today approximately 1.1 million shares have been exchanged, as compared to an average 30-day volume of 818,000 shares.

Quanta Services Inc. share prices have moved between a 52-week high of $114.73 and a 52-week low of $48.53 and are now trading 130% above that low price at $111.74 per share.

Quanta Services Inc. (NYSE:PWR) is currently priced 24.5% above its average consensus analyst price target of $84.39.

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.

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