On Tuesday, Argan, Inc. (NYSE: AGX) opened higher 5.82% from the last session, before settling in for the closing price of $113.85. Price fluctuations for AGX have ranged from $39.74 to $116.56 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 11.78%. Company’s average yearly earnings per share was noted 78.66% at the time writing. With a float of $12.89 million, this company’s outstanding shares have now reached $13.24 million.
The extent of productivity of a business whose workforce counts for 1214 workers is very important to gauge. In terms of profitability, gross margin is 12.72%, operating margin of 6.31%, and the pretax margin is 9.0%.
Argan, Inc. (AGX) Insider Updates
A key investor’s attitude towards the stock of the Engineering & Construction industry is another important factor to consider. The insider ownership of Argan, Inc. is 4.50%, while institutional ownership is 84.04%. The most recent insider transaction that took place on Sep 25 ’24, was worth 481,944. In this transaction Director of this company sold 5,000 shares at a rate of $96.39, taking the stock ownership to the 17,332 shares. Before that another transaction happened on Sep 23 ’24, when Company’s Director sold 10,000 for $96.20, making the entire transaction worth $962,000. This insider now owns 35,852 shares in total.
Argan, Inc. (AGX) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 78.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.00% during the next five years compared to -6.35% drop over the previous five years of trading.
Argan, Inc. (NYSE: AGX) Trading Performance Indicators
Check out the current performance indicators for Argan, Inc. (AGX). In the past quarter, the stock posted a quick ratio of 1.61. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.28. Likewise, its price to free cash flow for the trailing twelve months is 9.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.18, a number that is poised to hit 1.26 in the next quarter and is forecasted to reach 5.07 in one year’s time.
Technical Analysis of Argan, Inc. (AGX)
The latest stats from [Argan, Inc., AGX] show that its last 5-days average volume of 0.31 million was superior to 0.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 88.22%. Additionally, its Average True Range was 4.50.
During the past 100 days, Argan, Inc.’s (AGX) raw stochastic average was set at 96.26%, which indicates a significant increase from 90.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.70% in the past 14 days, which was lower than the 54.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $88.13, while its 200-day Moving Average is $66.53. Now, the first resistance to watch is $125.81. This is followed by the second major resistance level at $131.15. The third major resistance level sits at $139.60. If the price goes on to break the first support level at $112.02, it is likely to go to the next support level at $103.57. Assuming the price breaks the second support level, the third support level stands at $98.23.
Argan, Inc. (NYSE: AGX) Key Stats
There are currently 13,354K shares outstanding in the company with a market cap of 1.63 billion. Presently, the company’s annual sales total 573,330 K according to its annual income of 32,360 K. Last quarter, the company’s sales amounted to 227,020 K and its income totaled 18,200 K.
