Shares of Quanta Services (NYSE:PWR) traded today at $30.22, breaking its 52-week high. So far today approximately 1.3 million shares have been exchanged, as compared to an average 30-day volume of 1.8 million shares.
In the past 52 weeks, shares of Quanta Services have traded between a low of $21.15 and a high of $30.22 and are now at $29.80, which is 41% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.2% while the 200-day MA has risen 0.5%.
There is potential upside of 14.4% for shares of Quanta Services based on a current price of $29.80 and an average consensus analyst price target of $34.10. Quanta Services shares have support at the 50-day moving average (MA) of $28.33 and additional support at the 200-day MA of $26.70.
Quanta Services, Inc. provides specialized contracting services to electric utilities, telecommunication and cable television operators, and governmental entities. The Company also installs transportation control and lighting systems and provides specialty electric power and communication services for industrial and commercial customers. Quanta performs projects across the United States.