Witnessing the stock’s movement on the chart, on Wednesday, MYR Group Inc (NASDAQ: MYRG) set off with pace as it heaved 8.29% to $149.75, before settling in for the price of $138.28 at the close. Taking a more long-term approach, MYRG posted a 52-week range of $86.60-$181.02.
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
The Industrials Sector giants’ yearly sales growth during the last 5-year period was 19.30%. Meanwhile, its Annual Earning per share during the time was 23.59%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -68.78%. This publicly-traded company’s shares outstanding now amounts to $16.68 million, simultaneously with a float of $15.77 million. The organization now has a market capitalization sitting at $2.41 billion. At the time of writing, stock’s 50-day Moving Average stood at $109.04, while the 200-day Moving Average is $137.98.
MYR Group Inc (MYRG) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Engineering & Construction industry. MYR Group Inc’s current insider ownership accounts for 2.17%, in contrast to 95.64% institutional ownership. According to the most recent insider trade that took place on Sep 09 ’24, this organization’s Senior VP and CFO bought 500 shares at the rate of 88.64, making the entire transaction reach 44,320 in total value, affecting insider ownership by 3,030. Preceding that transaction, on Aug 27 ’24, Company’s Director bought 1,005 for 99.70, making the whole transaction’s value amount to 100,198. This particular insider is now the holder of 12,707 in total.
MYR Group Inc (MYRG) Earnings and Revenue Records
MYR Group Inc’s EPS decrease for this current 12-month fiscal period is -68.78% and is forecasted to reach 6.27 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 10.00% through the next 5 years, which can be compared against the 23.59% growth it accomplished over the previous five years trading on the market.
MYR Group Inc (NASDAQ: MYRG) Trading Performance Indicators
Let’s observe the current performance indicators for MYR Group Inc (MYRG). It’s Quick Ratio in the last reported quarter now stands at 1.35. The Stock has managed to achieve an average true range (ATR) of 5.93. Alongside those numbers, its PE Ratio stands at $65.30, and its Beta score is 0.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.68. Similarly, its price to free cash flow for trailing twelve months is now 100.43.
In the same vein, MYRG’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.29, a figure that is expected to reach 0.81 in the next quarter, and analysts are predicting that it will be 6.27 at the market close of one year from today.
Technical Analysis of MYR Group Inc (MYRG)
Going through the that latest performance of [MYR Group Inc, MYRG]. Its last 5-days volume of 0.51 million indicated improvement to the volume of 0.18 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 89.96% While, its Average True Range was 6.84.
Raw Stochastic average of MYR Group Inc (MYRG) in the period of the previous 100 days is set at 97.30%, which indicates a major rise in contrast to 95.34% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 66.11% that was higher than 61.41% volatility it exhibited in the past 100-days period.
