Shares of Liberty Oilfield Services Inc. Class A (NYSE:LBRT) traded at a new 52-week high today of $17.64. This new high was reached on below average trading volume as 712,000 shares traded hands, while the average 30-day volume is approximately 1 million shares.
Liberty Oilfield Services Inc provides hydraulic fracturing services to onshore oil and natural gas exploration and production companies. It provides stimulation services to optimize well production, hydraulic fracturing services, and engineering services, such as on-site real-time fracture treatment analysis, fracture model calibration, and production data analysis and reservoir modeling. It provides services primarily in the Permian Basin, the Eagle Ford Shale, the DJ Basin, the Williston Basin and the Powder River Basin.
In the past 52 weeks, shares of Liberty Oilfield Services Inc. Class A have traded between a low of $4.91 and a high of $17.64 and is now at $17.50, which is 256% above that low price.
Based on a current price of $17.50, Liberty Oilfield Services Inc. Class A is currently 24.6% above its average consensus analyst price target of $13.19.
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