Myr Group Stock Price on January 6, 2025

MYRG Stock  USD 125.35  1.15  0.91%   
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 125.35, as last reported on the 20th of March, with the highest price reaching 127.44 and the lowest price hitting 123.79 during the day.
IPO Date
13th of August 2008
200 Day MA
130.4861
50 Day MA
134.0576
Beta
0.927
 
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 Group has Sharpe Ratio of -0.0854, which conveys that the firm had a -0.0854 % return per unit of volatility over the last 3 months. MYR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify MYR's mean deviation of 2.39, and Risk Adjusted Performance of (0.1) to check out the risk estimate we provide.
  
At this time, MYR's Common Stock Total Equity is most likely to decrease significantly in the upcoming years. The MYR's current Stock Based Compensation is estimated to increase to about 9 M, while Other Stockholder Equity is projected to decrease to roughly 131 M. . At this time, MYR's Price To Free Cash Flows Ratio is most likely to increase significantly in the upcoming years. The MYR's current Price Cash Flow Ratio is estimated to increase to 29.53, while Price Book Value Ratio is projected to decrease to 3.88. MYR Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0854

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Estimated Market Risk

 3.29
  actual daily
29
71% of assets are more volatile

Expected Return

 -0.28
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.09
  actual daily
0
Most of other assets perform better
Based on monthly moving average MYR is not performing at its full potential. However, 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 MYR to a well-diversified portfolio.
Price Book
3.4005
Enterprise Value Ebitda
18.2565
Price Sales
0.6072
Shares Float
15.9 M
Wall Street Target Price
154

MYR Valuation on January 6, 2025

It is possible to determine the worth of MYR on a given historical date. On January 6, 2025 MYR was worth 154.16 at the beginning of the trading date compared to the closed value of 149.21. 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
  148.65    154.45    148.62    153.41    198,427  
01/06/2025
  154.16    155.53    148.98    149.21    154,659  
  149.90    152.00    142.72    143.63    349,927  
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Open Value
154.16
144.30
Downside
149.21
Closing Value
164.02
Upside

MYR Trading Date Momentum on January 6, 2025

On January 07 2025 MYR Group was traded for  143.63  at the closing time. The top price for the day was 152.00  and the lowest listed price was  142.72 . The trading volume for the day was 349.9 K. The trading history from January 7, 2025 was a factor to the next trading day price decrease. 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 1.96% .

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 Outstanding16.5 M15.6 M
Net Income Applicable To Common Shares95.9 M100.7 M

MYR Quarterly Net Working Capital

265.76 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
March 20, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

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 March 20, 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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