Acuren Corporation Ltd (NYSE:TIC) concluded the trading at $10.46 on Friday, June 06 with a fall of -0.10% from its closing price on previous day.
Considering stock’s 52-week price range provides that TIC hit a high price of $14.28 and saw its price falling to a low level of $8.76 during that period. Over a period of past 1-month, stock came adding 2.95% in its value.
With its current market valuation of $1.27 billion, Acuren Corporation Ltd is set to declare its quarterly results in July. Analysts are in estimates of 0.19 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.52 for current year with estimates of that growing to 0.51 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 308.4M. They suggested that in the process company could generate revenue of as low as 304.63M which could climb up to 312.38M to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 1.14B in current fiscal year, which will be 3.76% more from revenue generated by the company last year.
Digging deeper we become aware of the PEG ratio of the TIC stock which is currently positioned at 0. It further provides that stock’s current price level is -1.38% away from its 20-day simple moving average and is 2.57% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 49.65 while volatility remained at 3.80% over the past week which changes to 2.56% when measuring it over the past month. Average true range or ATR is currently at 0.64.
The percentage of outstanding shares held by the insiders is 16.70% while it is 74.78% for the institutional holders. Subtraction of -17.96% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
