At the time of writing, North American Construction Group Ltd [NOA] stock is trading at $19.74, down -1.55%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NOA shares have gain 3.24% over the last week, with a monthly amount glided 6.47%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
North American Construction Group Ltd [NYSE: NOA] stock has seen the most recent analyst activity on April 18, 2024, when TD Cowen upgraded its rating to a Buy. Previously, TD Securities downgraded its rating to Hold on September 28, 2023. On July 27, 2023, upgrade upgraded it’s rating to Buy. CIBC started tracking the stock assigning a Neutral rating. TD Securities upgraded its rating to a Buy. Raymond James upgraded its rating to Strong Buy for this stock on May 13, 2019. In a note dated April 17, 2019, CIBC initiated an Sector Outperform rating.
For the past year, the stock price of North American Construction Group Ltd fluctuated between $17.16 and $25.92. North American Construction Group Ltd [NYSE: NOA] shares were valued at $19.74 at the most recent close of the market.
Analyzing the NOA fundamentals
According to North American Construction Group Ltd [NYSE:NOA], the company’s sales were 806.96M for trailing twelve months, which represents an 40.11% jump. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.15 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.34 points at the first support level, and at 18.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.12, and for the 2nd resistance point, it is at 20.51.
Ratios To Look Out For
It is important to note that North American Construction Group Ltd [NYSE:NOA] has a current ratio of 1.03. In addition, the Quick Ratio stands at 0.80 and the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 1.90 and price to earnings (TTM) ratio is 15.02.
