C&J Energy Services, Inc. (NYSE:CJ)’s share price hit a new 52-week low on Thursday . The company traded as low as $27.30 and last traded at $27.36, with a volume of 404,371 shares. The stock had previously closed at $28.17.

A number of equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of C&J Energy Services from a “hold” rating to a “buy” rating and set a $37.00 price target on the stock in a report on Wednesday, June 21st. Nomura assumed coverage on shares of C&J Energy Services in a report on Wednesday, April 19th. They issued a “buy” rating and a $46.00 price target on the stock. Wells Fargo & Company reissued an “outperform” rating on shares of C&J Energy Services in a report on Wednesday, May 10th. Deutsche Bank AG assumed coverage on shares of C&J Energy Services in a report on Wednesday, May 3rd. They issued a “buy” rating and a $43.00 price target on the stock. Finally, Evercore ISI reissued an “outperform” rating and issued a $43.00 price target on shares of C&J Energy Services in a report on Tuesday, May 2nd. Two analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $40.82.

The company’s 50 day moving average is $31.73 and its 200-day moving average is $32.20. The firm’s market cap is $1.72 billion.

A number of large investors have recently added to or reduced their stakes in the company. Parkwood LLC purchased a new stake in C&J Energy Services during the first quarter worth about $602,000. Ameriprise Financial Inc. purchased a new stake in C&J Energy Services during the first quarter worth about $7,993,000. Sprott Inc. purchased a new stake in C&J Energy Services during the second quarter worth about $6,169,000. US Bancorp DE purchased a new stake in C&J Energy Services during the second quarter worth about $168,000. Finally, Russell Investments Group Ltd. increased its stake in C&J Energy Services by 155.0% in the second quarter. Russell Investments Group Ltd. now owns 37,588 shares of the company’s stock worth $1,288,000 after buying an additional 22,847 shares in the last quarter. Institutional investors own 89.35% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “C&J Energy Services, Inc. (CJ) Reaches New 1-Year Low at $27.30” was posted by Daily Political and is owned by of Daily Political. If you are reading this news story on another domain, it was stolen and republished in violation of U.S. & international trademark & copyright law. The original version of this news story can be read at https://www.dailypolitical.com/2017/08/10/cj-energy-services-inc-cj-reaches-new-1-year-low-at-27-30.html.

C&J Energy Services Company Profile

Seaside Exploration Partners Corp is a Canada-based capital pool company. The Company focuses on the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction. The Qualifying Transaction may involve the acquisition of a business or assets located outside of Canada.

Receive News & Ratings for C&J Energy Services Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for C&J Energy Services Inc. and related companies with MarketBeat.com's FREE daily email newsletter.