Myr Group Stock Price on January 2, 2025

MYRG Stock  USD 149.21  4.20  2.74%   
Below is the normalized historical share price chart for MYR Group extending back to August 12, 2008. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of MYR stands at 149.21, as last reported on the 7th of January, with the highest price reaching 155.53 and the lowest price hitting 148.98 during the day.
IPO Date
13th of August 2008
200 Day MA
137.7625
50 Day MA
148.3142
Beta
0.889
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in MYR Stock, it is important to understand the factors that can impact its price. MYR appears to be very steady, given 3 months investment horizon. MYR Group has Sharpe Ratio of 0.15, which conveys that the firm had a 0.15% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for MYR, which you can use to evaluate the volatility of the firm. Please exercise MYR's risk adjusted performance of 0.188, and Mean Deviation of 2.04 to check out if our risk estimates are consistent with your expectations.
  
At this time, MYR's Liabilities And Stockholders Equity is most likely to increase significantly in the upcoming years. The MYR's current Common Stock Total Equity is estimated to increase to about 152.8 K, while Common Stock is projected to decrease to roughly 149.9 K. . At this time, MYR's Price Cash Flow Ratio is most likely to drop in the upcoming years. MYR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1481

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Estimated Market Risk

 2.95
  actual daily
26
74% of assets are more volatile

Expected Return

 0.44
  actual daily
8
92% of assets have higher returns

Risk-Adjusted Return

 0.15
  actual daily
11
89% of assets perform better
Based on monthly moving average MYR is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of MYR by adding it to a well-diversified portfolio.
Price Book
4.2026
Enterprise Value Ebitda
20.729
Price Sales
0.6993
Shares Float
15.8 M
Wall Street Target Price
181.3333

MYR Main Headline on 2nd of January 2025

Quarterly earnings results are a good time to check in on a companys progress, especially compared to its peers in the same sector. Today we are looking at Granite Construction and the best and worst performers in the construction and maintenance services industry.

MYR Valuation on January 2, 2025

It is possible to determine the worth of MYR on a given historical date. On January 2, 2025 MYR was worth 149.43 at the beginning of the trading date compared to the closed value of 147.88. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of MYR stock. Still, in general, we apply an absolute valuation method to find MYR's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of MYR where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against MYR's related companies.
 Open High Low Close Volume
  150.15    151.44    147.69    148.77    187,060  
01/02/2025
  149.43    150.73    146.68    147.88    130,840  
  148.65    154.45    148.62    153.41    198,427  
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Open Value
149.43
140.57
Downside
147.88
Closing Value
158.29
Upside

MYR Trading Date Momentum on January 2, 2025

On January 03 2025 MYR Group was traded for  153.41  at the closing time. The top price for the day was 154.45  and the lowest listed price was  148.62 . The trading volume for the day was 198.4 K. The trading history from January 3, 2025 was a factor to the next trading day price rise. The trading delta at closing time against the next closing price was 3.74% . The trading delta at closing time against the current closing price is 4.25% .

MYR Group Fundamentals Correlations and Trends

By evaluating MYR's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among MYR's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. MYR financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About MYR Stock history

MYR investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for MYR is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in MYR Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing MYR stock prices may prove useful in developing a viable investing in MYR
Last ReportedProjected for Next Year
Common Stock Shares Outstanding15.2 M15.7 M
Net Income Applicable To Common Shares95.9 M100.7 M

MYR Quarterly Net Working Capital

269.19 Million

MYR Stock Technical Analysis

MYR technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of MYR technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of MYR trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

MYR Period Price Range

Low
January 7, 2025
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High

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MYR Group cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

MYR January 7, 2025 Market Strength

Market strength indicators help investors to evaluate how MYR stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading MYR shares will generate the highest return on investment. By undertsting and applying MYR stock market strength indicators, traders can identify MYR Group entry and exit signals to maximize returns

MYR Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for MYR's price direction in advance. Along with the technical and fundamental analysis of MYR Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of MYR to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for MYR Stock analysis

When running MYR's price analysis, check to measure MYR's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MYR is operating at the current time. Most of MYR's value examination focuses on studying past and present price action to predict the probability of MYR's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MYR's price. Additionally, you may evaluate how the addition of MYR to your portfolios can decrease your overall portfolio volatility.
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