On Monday, Montrose Environmental Group Inc (NYSE: MEG) was -3.27% drop from the session before settling in for the closing price of $22.33. A 52-week range for MEG has been $10.51 – $49.24.
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 slided by -5.11%. When this article was written, the company’s average yearly earnings per share was at 54.32%. With a float of $31.78 million, this company’s outstanding shares have now reached $35.11 million.
The extent of productivity of a business whose workforce counts for 3410 workers is very important to gauge. In terms of profitability, gross margin is 38.44%, operating margin of -5.01%, and the pretax margin is -8.06%.
Montrose Environmental Group Inc (MEG) Insider Updates
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 7.13%, while institutional ownership is 101.36%. The most recent insider transaction that took place on May 13 ’25, was worth 49,010. In this transaction Director of this company bought 2,600 shares at a rate of $18.85, taking the stock ownership to the 7,996 shares.
Montrose Environmental Group Inc (MEG) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 54.32% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 59.27% during the next five years compared to -5.11% drop over the previous five years of trading.
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 2.05. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03. Likewise, its price to free cash flow for the trailing twelve months is 23.65.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.32, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.33 in one year’s time.
Technical Analysis of Montrose Environmental Group Inc (MEG)
The latest stats from [Montrose Environmental Group Inc, MEG] show that its last 5-days average volume of 0.58 million was superior to 0.5 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.34%.
During the past 100 days, Montrose Environmental Group Inc’s (MEG) raw stochastic average was set at 82.21%, which indicates a significant increase from 31.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.88% in the past 14 days, which was lower than the 85.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.97, while its 200-day Moving Average is $20.01. Now, the first resistance to watch is $22.51. This is followed by the second major resistance level at $23.41. The third major resistance level sits at $24.42. If the price goes on to break the first support level at $20.60, it is likely to go to the next support level at $19.59. Assuming the price breaks the second support level, the third support level stands at $18.69.
Montrose Environmental Group Inc (NYSE: MEG) Key Stats
There are 34,664K outstanding shares of the company, which has a market capitalization of 739.07 million. As of now, sales total 696,400 K while income totals -62,310 K. Its latest quarter income was 177,830 K while its last quarter net income were -19,360 K.
