I didn’t know much about this company until recently when I was chatting with a friend who was looking to do business with this company Quanta or PWR.
I was getting ready to purchase it mid May. Unfortunately it was too late. Their earnings call came out and it went up over $100 per share.
Has anybody been following Quanta Services? $PWR. Their chart looks very good right before their last earnings. They were about $650 per share and shot up now they’ve pulled back down. Thinking it’s time to start a position.
52 week low is about $353 52 week high has been $788 It has recently pulled back to $688 per share. 50 day moving average is about $679 per share. Unfortunately, it has a very high PE. Of 97%. That probably should tell me to run away from it.
Anybody else following the company?