In Wednesday’s Wall Street session, Argan, Inc (NYSE:AGX) shares traded at $206.22, down -3.10% from the previous session.
AGX stock price is now 14.12% away from the 50-day moving average and 43.54% away from the 200-day moving average. The market capitalization of the company currently stands at $2.81B.
With the price target maintained at $150, Lake Street recently Upgraded its rating from Hold to Buy for Argan, Inc (NYSE: AGX). On December 03, 2024, Lake Street Downgraded its previous ‘Buy’ rating to ‘Hold’ on the stock increasing its target price from $85 to quote $150, while ‘CJS Securities’ rates the stock as ‘Market Outperform’
In other news, Flanders Cynthia, Director sold 15,000 shares of the company’s stock on Jun 12 ’25. The stock was sold for $3,307,050 at an average price of $220.47. Upon completion of the transaction, the Director now directly owns 33,428 shares in the company, valued at $6.89 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’25, Officer Flanders Cynthia bought 15,000 shares of the business’s stock. A total of $3,000,000 was incurred on buying the stock at an average price of $200.00. A total of 4.82% of the company’s stock is owned by insiders.
During the past 12 months, Argan, Inc has had a low of $63.53 and a high of $246.60. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 1.75, and a quick ratio of 1.74. The fifty day moving average price for AGX is $180.712 and a two-hundred day moving average price translates $143.6649 for the stock.
The net profit margin was 11.00% and return on equity was 30.48% for AGX. The company reported revenue of $193.66 million for the quarter, compared to $157.68 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 22.82 percent.
