On Friday, Montrose Environmental Group Inc (NYSE: MEG) was 4.53% up from the session before settling in for the closing price of $22.50. A 52-week range for MEG has been $15.21 – $49.97.
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Industrials Sector giant saw their annual sales surged by 30.28% over the last five years. When this article was written, the company’s average yearly earnings per share was at -2.97%. With a float of $29.25 million, this company’s outstanding shares have now reached $34.30 million.
The firm has a total of 3100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 37.5%, operating margin of -3.2%, and the pretax margin is -5.18%.
Montrose Environmental Group Inc (MEG) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Montrose Environmental Group Inc stocks. The insider ownership of Montrose Environmental Group Inc is 14.73%, while institutional ownership is 100.87%. The most recent insider transaction that took place on May 06 ’24, was worth 581,388. In this transaction President & CEO of this company sold 12,500 shares at a rate of $46.51, taking the stock ownership to the 316,637 shares.
Montrose Environmental Group Inc (MEG) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -2.97% per share during the next fiscal year.
Montrose Environmental Group Inc (NYSE: MEG) Trading Performance Indicators
You can see what Montrose Environmental Group Inc (MEG) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.49, a number that is poised to hit -0.30 in the next quarter and is forecasted to reach -0.42 in one year’s time.
Technical Analysis of Montrose Environmental Group Inc (MEG)
Analysing the last 5-days average volume posted by the [Montrose Environmental Group Inc, MEG], we can find that recorded value of 0.48 million was lower than the volume posted last year of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 63.36%. Additionally, its Average True Range was 1.49.
During the past 100 days, Montrose Environmental Group Inc’s (MEG) raw stochastic average was set at 44.01%, which indicates a significant decrease from 79.76% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.87% in the past 14 days, which was lower than the 75.35% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.13, while its 200-day Moving Average is $31.57. Now, the first resistance to watch is $24.03. This is followed by the second major resistance level at $24.54. The third major resistance level sits at $25.32. If the price goes on to break the first support level at $22.74, it is likely to go to the next support level at $21.96. Now, if the price goes above the second support level, the third support stands at $21.45.
Montrose Environmental Group Inc (NYSE: MEG) Key Stats
There are 34,301K outstanding shares of the company, which has a market capitalization of 806.75 million. As of now, sales total 624,210 K while income totals -30,860 K. Its latest quarter income was 178,690 K while its last quarter net income were -10,560 K.
