PES Crosses Below Key Price/Book Valuation Level
October 31, 2014 at 12:41 PM EDT
In trading on Friday, shares of Pioneer Energy Services Corp (PES) crossed below their last reported book value defined as common shareholder equity per share of $8.48, changing hands as low as $8.34 per share. Pioneer Energy Services Corp shares are currently trading down about 0.3% on the day..