Argan, Inc (NYSE: AGX) has experienced a rise in its stock price by 7.68 compared to its previous closing price of 156.05. However, the company has seen a gain of 7.59% in its stock price over the last five trading days. investors.com reported 2025-01-13 that This energy stock is back near its all-time high in a new base. The company provides power to data centers.
Is It Worth Investing in Argan, Inc (NYSE: AGX) Right Now?
Argan, Inc (NYSE: AGX) has a higher price-to-earnings ratio of 35.19x compared to its average ratio. AGX has 36-month beta value of 0.54. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for AGX is 12.96M, and currently, short sellers hold a 4.65% ratio of that float. The average trading volume of AGX on January 15, 2025 was 324.09K shares.
AGX’s Market Performance
The stock of Argan, Inc (AGX) has seen a 7.59% increase in the past week, with a 13.42% rise in the past month, and a 45.94% gain in the past quarter. The volatility ratio for the week is 8.21%, and the volatility levels for the past 30 days are at 5.41% for AGX. The simple moving average for the past 20 days is 14.33% for AGX’s stock, with a 74.39% simple moving average for the past 200 days.
Analysts’ Opinion of AGX
Many brokerage firms have already submitted their reports for AGX stocks, with Lake Street repeating the rating for AGX by listing it as a “Hold.” The predicted price for AGX in the upcoming period, according to Lake Street is $150 based on the research report published on December 03, 2024 of the previous year 2024.
Lake Street gave a rating of “Buy” to AGX, setting the target price at $56 in the report published on March 28th of the previous year.
AGX Trading at 13.36% from the 50-Day Moving Average
After a stumble in the market that brought AGX to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.64% of gains for the given period.
Volatility was left at 5.41%, however, over the last 30 days, the volatility rate increased by 8.21%, as shares surge +16.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.43% upper at present.
During the last 5 trading sessions, AGX rose by +7.59%, which changed the moving average for the period of 200-days by +233.74% in comparison to the 20-day moving average, which settled at $146.98. In addition, Argan, Inc saw 22.62% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AGX starting from Getsinger Peter W, who sale 7,385 shares at the price of $165.29 back on Jan 14 ’25. After this action, Getsinger Peter W now owns 11,792 shares of Argan, Inc, valued at $1,220,667 using the latest closing price.
Getsinger Peter W, the Director of Argan, Inc, sale 800 shares at $155.24 during a trade that took place back on Jan 10 ’25, which means that Getsinger Peter W is holding 19,177 shares at $124,192 based on the most recent closing price.
Stock Fundamentals for AGX
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.14 for the gross margin
The net margin for Argan, Inc stands at 0.08. The total capital return value is set at 0.2. Equity return is now at value 21.55, with 9.92 for asset returns.
Based on Argan, Inc (AGX), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 55.72.
Currently, EBITDA for the company is 38.86 million with net debt to EBITDA at -2.5. When we switch over and look at the enterprise to sales, we see a ratio of 2.62. The receivables turnover for the company is 6.12for trailing twelve months and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
To put it simply, Argan, Inc (AGX) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
