Argan Sets New 1-Year High Still a Buy?
| AGX Stock | USD 149.02 5.70 3.98% |
Slightly above 55% of Argan's investors are presently thinking to get in. The current sentiment regarding investing in Argan Inc stock implies that some traders are interested. Argan's investing sentiment can be driven by a variety of factors including economic data, Argan's earnings reports, geopolitical events, and overall market trends.
Argan |
Argan, Inc. s stock price hit a new 52-week high during trading on Monday . The company traded as high as 163.10 and last traded at 160.27, with a volume of 20588 shares traded. The stock had previously closed at 158.63. Wall Street Analyst Weigh In Separately, StockNews.com lowered Argan from
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Argan Fundamental Analysis
We analyze Argan's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Argan using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Argan based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Argan is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Argan Inc Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Argan stock to make a market-neutral strategy. Peer analysis of Argan could also be used in its relative valuation, which is a method of valuing Argan by comparing valuation metrics with similar companies.
Peers
Argan Related Equities
| AMRC | Ameresco | 7.07 | ||||
| FIX | Comfort Systems | 4.68 | ||||
| ROAD | Construction Partners | 4.28 | ||||
| MTRX | Matrix Service | 4.24 | ||||
| MYRG | MYR | 3.74 | ||||
| EME | EMCOR | 3.50 | ||||
| TPC | Tutor Perini | 2.57 | ||||
| BBCP | Concrete Pumping | 2.56 | ||||
| BLD | Topbuild Corp | 2.00 | ||||
| ACA | Arcosa | 1.93 | ||||
| GVA | Granite Construction | 1.73 | ||||
| BADFF | Badger Infrastructure | 0.69 | ||||
| PRIM | Primoris Services | 0.64 | ||||
| ACSAY | ACS Actividades | 0.30 | ||||
| ACSAF | ACS Actividades | 0.00 | ||||
| APG | Api Group | 0.11 |
Additional Tools for Argan Stock Analysis
When running Argan's price analysis, check to measure Argan'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 Argan is operating at the current time. Most of Argan's value examination focuses on studying past and present price action to predict the probability of Argan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argan's price. Additionally, you may evaluate how the addition of Argan to your portfolios can decrease your overall portfolio volatility.