Quanta Services traded at $702.29 this Tuesday June 23rd, decreasing $37.85 or 5.11 percent since the previous trading session. Looking back, over the last four weeks, Quanta Services lost 5.37 percent. Over the last 12 months, its price rose by 88.66 percent. Looking ahead, we forecast Quanta Services to be priced at 687.78 by the end of this quarter and at 646.15 in one year, according to Trading Economics global macro models projections and analysts expectations.
Quanta Services, Inc. is a provider of specialty contracting services, delivering infrastructure solutions for the electric and gas utility, communications, pipeline and energy industries in the United States, Canada, Australia and select other international markets. The Company's segments include Electric Power Infrastructure Solutions and Underground Utility and Infrastructure Solution. The Electric Power Infrastructure Solutions segment provides network solutions to customers in the electric power and other industries. Its services include design, new construction, upgrade and maintenance of electric power transmission and distribution infrastructure and substation facilities. The Underground Utility and Infrastructure Solutions segment provides infrastructure solutions, including design, engineering, new construction, upgrade, repair, and maintenance services, to customers involved in the transportation, distribution, storage and processing of natural gas, oil and other products.