News articles about Argan (NYSE:AGX) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Argan earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 46.1292582729281 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several equities analysts have commented on AGX shares. TheStreet downgraded Argan from a “b-” rating to a “c+” rating in a report on Tuesday, February 6th. Lake Street Capital cut Argan from a “buy” rating to a “hold” rating and reduced their price objective for the company from $71.00 to $56.00 in a research report on Thursday, December 7th.
Argan (AGX) traded down $0.30 on Tuesday, hitting $40.15. The stock had a trading volume of 101,699 shares, compared to its average volume of 203,552. Argan has a 12 month low of $37.80 and a 12 month high of $72.70. The company has a market capitalization of $633.61, a PE ratio of 7.42 and a beta of 0.88.
Argan, Inc is a holding company. The Company conducts operations through its subsidiaries, Gemma Power Systems, LLC and affiliates (GPS), Atlantic Projects Company Limited (APC), Southern Maryland Cable, Inc (SMC) and The Roberts Company (Roberts). Through GPS and APC, the Company’s power industry services segment provides engineering, procurement, construction, commissioning, operations management, maintenance, development, technical and consulting services to the power generation and renewable energy markets.
Receive News & Ratings for Argan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Argan and related companies with MarketBeat.com's FREE daily email newsletter.