Argan (NYSE:AGX) announced its quarterly earnings data on Monday. The construction company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.04, Briefing.com reports. Argan had a net margin of 0.50% and a return on equity of 1.34%. The business had revenue of $63.10 million for the quarter, compared to the consensus estimate of $67.65 million. During the same quarter last year, the company posted $1.08 earnings per share. Argan’s quarterly revenue was down 53.8% on a year-over-year basis.
Shares of AGX stock opened at $42.31 on Wednesday. The stock has a fifty day moving average price of $40.19 and a 200 day moving average price of $44.74. Argan has a one year low of $35.08 and a one year high of $51.95. The stock has a market cap of $649.41 million, a P/E ratio of 129.81 and a beta of 0.59.
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