Everus (NYSE:ECG) Hits New 1-Year High - Time to Buy?


Everus (NYSE:ECG) Hits New 1-Year High  - Time to Buy?

Shares of Everus (NYSE:ECG - Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $72.36 and last traded at $72.36, with a volume of 40695 shares changing hands. The stock had previously closed at $70.58.

Several research firms recently issued reports on ECG. DA Davidson assumed coverage on shares of Everus in a research report on Monday, November 4th. They set a "neutral" rating and a $55.00 price objective for the company. Wolfe Research began coverage on shares of Everus in a report on Tuesday, December 3rd. They set a "peer perform" rating for the company. Oppenheimer assumed coverage on Everus in a report on Wednesday, December 4th. They issued an "outperform" rating and a $70.00 price objective on the stock. Finally, Stifel Nicolaus lifted their target price on Everus from $71.00 to $78.00 and gave the company a "buy" rating in a research report on Wednesday, December 11th.

Check Out Our Latest Analysis on ECG

The company has a quick ratio of 1.50, a current ratio of 1.58 and a debt-to-equity ratio of 0.47.

Everus Construction Group is providing a full spectrum of construction services through its electrical and mechanical and transmission and distribution specialty contracting services principally in United States. Its specialty contracting services are provided to utility, transportation, commercial, industrial, institutional, renewable and other customers.

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